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Present and future values for different periods. Find the following values using a financial calculator or Excel. The compounding and discounting rates occur annually. a.
Present and future values for different periods. Find the following values using a financial calculator or Excel. The compounding and discounting rates occur annually. a. What is the future value of $750 compounded for 1 year at 8 percent? b. What is the future value of $750 compounded for 2 years at 8 percent? c. What is the present value of $750 due in 1 year at a discount rate of 8 percent? d. What is the present value of $750 due in 2 years at a discount rate of 8 percent
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