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PART A: Finding FV... $1,000 (PV), 10% (Interest Rate), 6 (Number of Years) PART C: Finding PV... $1,000 (FV), 10% (Discount Rate), 6 (Number of

PART A: "Finding FV..." $1,000 (PV), 10% (Interest Rate), 6 (Number of Years)

PART C: "Finding PV..." $1,000 (FV), 10% (Discount Rate), 6 (Number of years)

h. Recalculating the PV and the FV for parts a and c if the interest rate is semiannually compounded
Future value (FV) #REF!
Present value (PV) #REF!

What is the Xcel formula with the given information to find the FV and PV with an interest rate semiannually compounded?

What will the FV and the PV for parts a and c be if the interest rate is 10% with semiannual compounding rather than 10% with annual compounding? Round your answers to the nearest cent.

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