Click here to read the eBook: Future Values Click here to read the eBook: Present Values PRESENT AND FUTURE VALUES FOR DIFFERENT PERIODS Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent. a. An initial $800 compounded for 1 year at 4%. $ b. An initial $800 compounded for 2 years at 4%. $ C. The present value of $800 due in 1 year at a discount rate of 4%. $ d. The present value of $800 due in 2 years at a discount rate of 4%. $ Check My Work Olcon Key