Aswer the following exercises that appear in the Principles of Finance textbook

9-1 9-2 9-3 If you invest $500 today in an account that pays 6 percent interest compounded annually, how much will be in your account after two years? What is the present value of an investment that promises to pay you $1,000 in five years if you can earn 6 percent interest compounded annually? What is the present value of $1,552.90 due in 10 years at (1) a 12 percent discount rate and (2) a 6 percent rate