Find the following values. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent. a. An initial $800 compounded for 10 years at 5%. $ b. An initial $800 compounded for 10 years at 10%. $ c. The present value of $800 due in 10 years at 5%. $ d. The present value of $1,980 due in 10 years at 10% and 5%. Present value at 10%: $ Present value at 5%: $ e. Define present value. I. 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 a 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 today 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 general is greater than the future value. -Select- How are present values affected by interest rates? -Select-

Find the following values. Compounding/discounting occurs annually, Do not round intermediate calculations. Round your answers to the nearest cent. a. An initial $800 compounded for 10 years at $%. $ b. An initial $800 compounded for 10 years at 10%. 5 c. The present volue of $800 due in 10 years at $%. $ d. The present value of $1,980 due in 10 years ot 10% and 5%. Present value at 10%:$ Present value at 5% : $ 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 a 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 today 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 general is greater than the future value. How are present values affected by interest rates? Find the following values. Compounding/discouriting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent. a. An initial $800 compounded for 10 years at 5%. $ b. An initial $800 compounded for 10 years at 10%. $ c. The present value of $800 due in 10 years at 5%. $ d. The present value of $1,980 due in 10 years at 10% and 5%. Present value at 10%:$ Present value at 5%:5 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 a 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 today and in general is iess than the future value. . The present value is the value in the future of a sum of money to be recelved today and in general is greater than the future value. How are present values affected by interest rates