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Present and future values for different periods Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually. Round your answers
Present and future values for different periods Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually. Round your answers to the nearest cent.
An initial $200 compounded for 1 year at 9%. $
An initial $200 compounded for 2 years at 9%. $
The present value of $200 due in 1 year at a discount rate of 9%. $
The present value of $200 due in 2 years at a discount rate of 9%.
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