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Find the following values, Compounding/discounting occurs annually. Do not round intermediate catculations, Pound your answers to the nearest cent. a. An instial $700 compounded for 10 years at-10s. 4 b. An inital $700 compounded for 10 vears ae 20% $ c. The present value of $700 due in 10 years at 10% 5 d. The present value of $1,790 due in 10 years at 20% and 10. Present value at 20 het $. Preseet value at 10%% C. Defire present value. 1. The present value is the value today of a sum of meney is be received in the future and in general in lees than the future value Present value at 20% : $ Present value at 1000:5 e. Define present value. 1. The present value is the value today of a sum of money to be received in the future and in general is less than the future value. 11. The present value is the value today of a sum of money to be received in the future and in general is greoter than the future value. IIT. The present value is the value today of a sum of money to be received in the future and in general is equal to the future value: 1V. The present value is the value in the fiture of a surr of maney to be received today and in general is less than the future yalue. V. The present value is the value in the foture of a sum of manev to be received today and in general is greater than the future value. How are present values affected by interest rates