Find the following values, using the equations, and then work the problems using a financial calculator to check your answers, Disregard rounding differences.

a. An initial $200 compounded for 1 year at 5.6%.

b. An initial $200 compounded for 2 years at 5.6%.

c. The present value of $200 due in 1 year at a discount rate of 5.6%

d. The present value of $200 due in 2 years at a discount rate of 5.6%.