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Present and future values for different interest rates find the following values. compounding/discounting occurs annually. a. an initial $200 compounded for 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 time line with data from part d. how are present values affected by interest rates?
Sagot :
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