### Find values using the equations and then a financial calc

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Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually.

a. An initial \$500 compounded for 1 year at 6%

b. An initial \$500 compounded for 2 years at 6%

c. The present value of \$500 due in 1 year at a discount rate of 6%

d. The present value of \$500 due in 2 years at a discount rate of 6%

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