Question: Given the cash flow below: Calculate the present value (P) and the future value (F) for the following scenarios: a) The interest rate is 8%

 Given the cash flow below: Calculate the present value (P) and

Given the cash flow below: Calculate the present value (P) and the future value (F) for the following scenarios: a) The interest rate is 8% compounded daily b) The interest rate is 8% compounded monthly c) The interest rate is 8% compounded semi-annually d) Compare the results and explain the effect of compounding periods on the present and future values

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