Question: An initial $800 compounded for 1 year at 8%. $ An initial $800 compounded for 2 years at 8%. $ The present value of $800

An initial $800 compounded for 1 year at 8%.

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An initial $800 compounded for 2 years at 8%.

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The present value of $800 due in 1 year at a discount rate of 8%.

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The present value of $800 due in 2 years at a discount rate of 8%.

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