Find the following values. Compounding/discounting occurs annually. Do not round Intermediate calculations. Round your answers to the nearest cent. a. An initial $200 compounded for 10 years at 10%. b. An initial $200 compounded for 10 years at 20% c. The present value of $200 due in 10 years d. The present value of $2,140 due in 104 Present value at 20%:$ Present value at 10%: $ 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. 11. 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 money 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