Question: Please help with a-e. Stepby by not using calc or excel. Thank you! Find the following values. Compounding/discounting occurs annually. An initial $500 compounded for

Please help with a-e. Stepby by not using calc or excel. Thank you!

Find the following values. Compounding/discounting occurs annually. An initial $500 compounded for 10 years at 6% An initial $500 compounded for 10 years at 12% The present value of $500 due in 10 years at 6% The present value of $1, 552.90 due in 10 years at 12% and at 6% Define present value and illustrate it using a time line with data from Part d. How are present values affected by interest rates

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