For Questions 6-9. Find the following values assuming compounding /discounting occurs annually: The future value of an initial deposit of $500 compounded for 1 year at 6%. $520.00 $530.00 $540.00 QUESTION 7 The future value of an initial deposit of $500 compounded for 2 years at 6%. $561.30 $561.80 $561.90 QUESTION 8 The present value of $500 due in 1 year at a discount rate of 6%. $478.32 $471.32 $471.70 QUESTION 9 The present value of $500 due in 2 years at a discount rate of 6%. $445.00 $446.00 $447.00