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find the following values using the the equation and then a financial calculator.compounding/discounting occurs annually. a.an initial $ 600 compounded for 1 year at 6%
find the following values using the the equation and then a financial calculator.compounding/discounting occurs annually.
a.an initial $ 600 compounded for 1 year at 6%
b. an initial $ 600 compounded for 2 years at 6%
c. the present value of $ 600 due in 1 year at a discount rate of 6 %
d. the present value of $ 600 due in 2 years at a discount rate of 6%
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