Please show working. please answer a, b, c and d Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually. Do not round intermediate...




Please show working.





please answer a, b, c and d



Find the following valuesusing the equations and then a financial calculator. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent.


a. An initial $300 compounded for 1 year at 7%.


b. An initial $300 compounded for 2 years at 7%.


c. The present value of $300 due in 1 year at a discount rate of 7%.



 d. The present value of $300 due in 2 years at a discount rate of 7%.




Jun 04, 2022
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