5-3: a. Calculate the future value of the initial $500 compounded for 1 year at 6% b. Calculate the future value of the initial $500 compounded for 2 years at 6% c. Calculate the present value of $500 due in 1 year at discount rate 6% d. Calculate the present value of $500 due in 2 years at discount rate 6% 5-4: a. Calculate the future value of the initial $500 compounded for 10 years at 6% b. Calculate the future value of the initial $500 compounded for 10 years at 12% Calculate the present value of $500 due in 10 years at 6% d. Calculate the present value of $1,552.90 due in 10 years at 6% and at 12% c