Find the future value of todays 500 in 5 years under each, Financial Management

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Find the future value of todays 500 in 5 years under each

1. Find the future value of today's $500 in 5 years under each of the following conditions.

a. 5% nominal rate,annual compounding

b. 8% nominal rate, annual compounding

c.10% nominal rate, annual compounding

2. Find the present value of today's $10,000 in 5 years under each of the following conditions.

a. 6% nominal rate, annual compounding

b. 10% nominal rate, annual compounding

c. 12% nominal rate, annual compounding

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Financial Management: Find the future value of todays 500 in 5 years under each

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