Reference no: EM13484493

Find the following values using a financial calculator. (Hint: Using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can override the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain the second answer. This procedure can be used in parts b and d, and in many other situations, to see how changes in input variables affect the output variable.) An initial $500 compounded for 1 year at 4%. $ An initial $500 compounded for 2 years at 4%. $ The present value of $500 due in 1 year at a discount rate of 4%.$ The present value of $500 due in 2 years at a discount rate of 4%.