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1) $9,800 is deposited for 12 years at 5% compounded annually, determine the FV? 2). If $2,800 is discounted back 4 years at an interest

1) $9,800 is deposited for 12 years at 5% compounded annually, determine the FV?

2). If $2,800 is discounted back 4 years at an interest rate of 8% compounded semi-annually, what would be the present value?

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