Determining the present and future values


Task: Find the following values. Compounding/ discounting occurs annually.

a. An initial $ 500 compounded for 10 years at 6%

b. An initial $ 500 compounded for 10 years at 12%

c. The present value of $ 500 due in 10 years at 6%

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Finance Basics: Determining the present and future values
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