Question: Find the following values. Compounding/discousting 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/discousting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent. a. An initial $700 compounded for 10 years at 10%. b. An initial $700 compounded for 10 years at 20%. 5 c. The present value of $700 due in 10 years at 10%. 5 d. The present value of $2,655 due in 10 years at 20% and 10%. Present value ot 20%:5 Present value at 10%:5
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