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Find the following values. Compounding/discounting occurs annually. Do not round intermediate calculations, Round your answers to the nearest cen a. An initial $800 compounded for

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Find the following values. Compounding/discounting occurs annually. Do not round intermediate calculations, Round your answers to the nearest cen a. An initial $800 compounded for 10 years at 9%. $ b. An initial $800 compounded for 10 years at 18%. $ c. The present value of $800 due in 10 years at 9%. $ d. The present value of $1,450 due in 10 years at 18% and 9%. Present value at 18%:$ Present value at 9% : $ e. Define present value. 1. The present value is the value today of a sum of money to be received in the future and in general is less than the future value. II. The present value is the value today of a sum of money to be received in the future and in general is greater than the future value. III. The present value is the value today of at sum of money to be received in the future and in general is equal to the future value. IV. The present value is the value in the future of a sum of money to be received roday and in general is less than the future value. V. The present value is the value in the future of a sum of money to be received today and in generat is greater than the future value. How are present vatues affected by interest rates

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