Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually. Do not round Intermediate calculations. Round your answers to the nearest cent. 2. An initial $ 700 compounded for 1 year at 10%. $ b. An initial $700 compounded for 2 years at 10%. $ c. The present value of $700 due in 1 year at a discount rate of 10%. 5 d. The present value of $700 due in 2 years at a discount rate of 10%. $