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Present and future values for different periods. Find the following values, using the equations and then a financial calculator. Compounding/...

2. Present and future values for different periods. Find the following values, using the equations and then a financial calculator. Compounding/ discounting occurs annually.
a. An initial $500 compounded for 1 year at 6 percent.
b. An initial $500 compunded for 2 years at 6 percent.
c. The present value of $500 due in 1 year at a discount rate of 6 percent.
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Finance-8191205.xls

2. Present and future values for different periods. Find the following values, using the equations and then a financial calculator. Compounding/ discounting occurs annually.
a. An initial $500...

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