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.

a$.$ An initial $$700$ compounded for $1$ year at $5\%.$

b$.$ An initial $$700$ compounded for $2$ years at $5\%.$

c$.$ The present value of $$700$ due in $1$ year at a discount rate of $5\%.$

d$.$ The present value of $$700$ due in $2$ years at a discount rate of $5\%.$