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5-2: Future Values 5-3: Present Values

resent 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.

  1. An initial $800 compounded for 1 year at 8%.

    $  

  2. An initial $800 compounded for 2 years at 8%.

    $  

  3. The present value of $800 due in 1 year at a discount rate of 8%.

    $  

  4. The present value of $800 due in 2 years at a discount rate of 8%.

    $  



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