Question: Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually. Do not found intermediate calculations, Round your answers to the
Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually. Do not found intermediate calculations, Round your answers to the nearest cent. a. An initial 500 compounded for 1 year at 7% $ b. An initial $500 compounded for 2 years at 7% c. The present value of $500 due in 1 year at a discount rate of 7%. $ d. The present Value of $500 due in 2 years at a discount rate of
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