a. What is the relationship between discounting and compounding? b. What is the relationship between the present-value factor and the annuity present-value factor? c. 1. What will $6.200 invested for 7 years at 7 percent compounded annually grow to? ii. How many years will it take $460 to grow to $1,222.88 if it is invested at 13 percent compounded annually? iii. At what rate would $1,800 have to be invested to grow to $4,117.96 in 5 years? d. Calculate the future sum of $1,400, given that it will be held in the bank for 13 years and earn 16 percent compounded semiannually