Question: Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually. Round your answers to the nearest cent. A. An initial

Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually. Round your answers to the nearest cent.

A. An initial $400 compounded for 1 year at 7%.

$ ________

B. An initial $400 compounded for 2 years at 7%.

$ ________

C. The present value of $400 due in 1 year at a discount rate of 7%.

$ ________

D. The present value of $400 due in 2 years at a discount rate of 7%.

$ ________

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