Question: Find the following values. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent. An initial $800 compounded for 10
Find the following values. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent.
An initial $800 compounded for 10 years at 9%. $
. An initial $800 compounded for 10 years at 18%. $
The present value of $800 due in 10 years at 9%. $
The present value of $2,320 due in 10 years at 18% and 9%.
Present value at 18%: $
Present value at 9%: $
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