Question $1$

$\frac{0}{2}$ pts

What is the present value of $$50,000$ in one year with a $8\%$ annual interest rate, compounded annually? Round to the nearest dollar

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Question $2$

$\frac{0}{2}pts$

What is the present value of $$50,000$ in one year with a $10\%$ annual interest rate, compounded quarterly?

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