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PRESENT AND FUTURE VALUES FOR DIFFERENT INTEREST RATES Find the following values. Compounding/discounting occurs annually. Round your answers to the nearest cent. a. An initial
PRESENT AND FUTURE VALUES FOR DIFFERENT INTEREST RATES Find the following values. Compounding/discounting occurs annually. Round your answers to the nearest cent. a. An initial $600 compounded for 10 years at 3%. b. An initial $600 compounded for 10 years at 6%. C. The present value of $600 due in 10 year at 3%. d. The present value of $2,165 due in 10 years at 6%. e. The present value of $2,165 due in 10 years at 3%
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