Question: IN CLASS HOMEWORK PROBLEMS 1. Use the basic formula for future value along with the given interest rate and the number of periods to calculate

IN CLASS HOMEWORK PROBLEMS 1. Use the basic formula for future

IN CLASS HOMEWORK PROBLEMS 1. Use the basic formula for future value along with the given interest rate and the number of periods to calculate the future value of $1 in each of the following two cases: A. i=12%, n=2 B. i=9%, n=4. 2. Use the basic formula for future value along with the given interest rate and the number of periods to calculate the present value of $1 in each of the following two cases: A. i=10%, n=4 B. i=5%, n=3

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