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a. b. Calculate the future value of the initial $500 compounded for 1 year at 6% Calculate the future value of the initial $500 compounded
a. b. Calculate the future value of the initial $500 compounded for 1 year at 6% Calculate the future value of the initial $500 compounded for 2 years at 6% Calculate the present value of $500 due in 1 year at discount rate 6% C. d. Calculate the present value of $500 due in 2 years at discount rate 6%
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