Question: eBook Find the following values. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent. a. An initial $600 compounded
eBook
Find the following values. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent.
a. An initial $600 compounded for 10 years at 4%.
$
b. An initial $600 compounded for 10 years at 8%.
$
c. The present value of $600 due in 10 years at 4%.
$
d. The present value of $1,330 due in 10 years at 8% and 4%.
Present value at 8%: $
Present value at 4%: $
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