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eBook Find the following values using the equations and then a financial calculator. Compounding / discounting occurs annually. Do not round intermediate calculations. Round your
eBook
Find the following values using the equations and then a financial calculator. Compoundingdiscounting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent.
a An initial $ compounded for year at
$
b An initial $ compounded for years at
$
c The present value of $ due in year at a discount rate of
$
d The present value of $ due in years at a discount rate of
$
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