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Question - PRESENT AND FUTURE VALUES FOR DIFFERENT INTEREST RATES: Find the following values. Compounding/discounting occurs annually.
a. An initial $200 compounded at 10 years at 4%
b. An initial $200 compounded for 10 years at 8%
c. The present value of $200 due in 10 years at 4%
d. The present value of $1,870 due in 10 years at 8% and at 4%
e. Define present value and illustrate it using a timeline with data from part d. How are present values affected by interest rates?
quarterly compounding cousin bertha invested 100000 10 years ago at 12 percent compounded quarterly. how much has she
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