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Question 2 1 pts What is $500 paid 5 years from now worth today? Assume that the discount rate is 10% APR with monthly compounding.

Question 2 1 pts What is $500 paid 5 years from now worth today? Assume that the discount rate is 10% APR with monthly compounding. Round your final answer to two decimals. Question 3 1 pts Suppose that you deposit $500 today in an account paying 10% APR with annual compounding. What amount will be in your account 5 years from now? Round your final answer to two decimals

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