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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