B eBook Find the following values. Compounding/discounting occurs annually. Do not round Intermediate calculations, Round your answers to the nearest cent. 3. a. An initial $800 compounded for 10 years at 5%. OS b. An initial $800 compounded for 10 years at 10%. . $ e 2 c. The present value of $800 due in 10 years at 5% 3. $ d. The present value of $2,935 due in 10 years at 10% and 5%. Present value at 10%: $ Present value at 5%:$ e. Define present value 1. The present value is the value today of a sum of money to be received in the future and in general is less than the future value. II. The present value is the value today of a sum of money to be received in the future and in general is greater than the future value. II. The present value is the value today of a sum of more to be received in the future and in general is equal to the future value. IV. The present value is the value in the future of a sum of money to be received today and in general is less than the future value. V. The present value is the value in the future of a sum of money to be received today and in general is greater than the future value -Select How are present values affected by interest rates? -Select