Anemets Keep the Highest 4 9. Problem 5.09 (Present and Future Values for Different periods) etto Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually. Do not round intermediate Calodations. Round your answers to the nearest cent, a. An initial $500 compounded for 1 year $ b. An initial $500 compounded for 2 years at 7% $ The present value of $500 de your at a discount rate of 5 d. The present value of $500 due in 2 years at a discount rate of