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22. Problem 5.24 (Present Value for Various Discounting Periods) eBook Problem Walk-Through Find the present value of $200 due in the future under each of
22. Problem 5.24 (Present Value for Various Discounting Periods) eBook Problem Walk-Through Find the present value of $200 due in the future under each of these conditions: a. 6 nominal rate, semiannual compounding, discounted back 6 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ b.6% nominal rate, quarterly compounding, discounted back 6 years. Do not round intermediate calculations, Round your answer to the nearest cent $ c. 6% nominal rate, monthly compounding, discounted back 1 year. Do not round intermediate calculations. Round your answer to the nearest cent. 5 d. Why do the differences in the PVs occur? The presentes caseros per year The present was as per year decrease The present tected by changes in the number of res per year The purposely related to the number of counting propery
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