# Answer on Finance Question for diane

Question #3120

Find the following values using the equation and then a financial calculator. Compounding/discounting occurs annually. A. An initial$ 500 for 1yr @6%

b. An initial $500 compounded for 2yrs @6%

C. The present value of $500 due in 1yr @ a discount rate of 6%

D. The present value of$ 500 due in 2yrs @ a discount rate of 6%

b. An initial $500 compounded for 2yrs @6%

C. The present value of $500 due in 1yr @ a discount rate of 6%

D. The present value of$ 500 due in 2yrs @ a discount rate of 6%

Expert's answer

Need a fast expert's response?

Submit orderand get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

## Comments

## Leave a comment