Q14

Click here to read the eBook: Future Values Click here to read the eBook: Present Values PRESENT AND FUTURE VALUES FOR DIFFERENT PERIODS Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually. Do not round Intermediate calculations. Round you answers to the nearest cent. a. An initial $500 compounded for 1 year at 8%. b. An initial $500 compounded for 2 years at 8%. $ C. The present value of $500 due in 1 year at a discount rate of 8%. $ d. The present value of $500 due in 2 years at a discount rate of 8%. $ Icon kry Question 14 of 15 Submit Test for Grading Save MAH 17 &tv MacBook Pro caso