Find the following values. Compounding/discounting occurs annually.

A. An annual $200 compounded for 10 years at 4%

B. An initial $200 compounded for 10 years at 8%

C. The present value of $200 due in 10 years at 4%

D. The present value of $18,870 due in 10 years at 8% and at 4%

E. Define present value and illustrate it using a time line with data from part c.