Question: PRESENT AND FUTURE VALUES FOR DIFFERENT INTEREST RATES Find the following values. Compounding/discounting occurs annually. Round your answers to the nearest cent. a. An initial

PRESENT AND FUTURE VALUES FOR DIFFERENT INTEREST RATES Find the following

PRESENT AND FUTURE VALUES FOR DIFFERENT INTEREST RATES Find the following values. Compounding/discounting occurs annually. Round your answers to the nearest cent. a. An initial $600 compounded for 10 years at 3%. b. An initial $600 compounded for 10 years at 6%. C. The present value of $600 due in 10 year at 3%. d. The present value of $2,165 due in 10 years at 6%. e. The present value of $2,165 due in 10 years at 3%

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