Question: Find the following values. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent. a. An initial $700 compounded for

Find the following values. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent. a. An initial $700 compounded for 10 years at 4%. $ b. An initial $700 compounded for 10 years at 8%. $ c. The present value of $700 due in 10 years at 4%. $ d. The present value of $2,155 due in 10 years at 8% and 4%. Present value at 8%:$ Present value at 4%:$
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