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24. Problem 5.24 (Present Value for Various Discounting Periods) eBook Problem Walk-Through Find the present value of $600 due in the future under each of

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24. Problem 5.24 (Present Value for Various Discounting Periods) eBook Problem Walk-Through Find the present value of $600 due in the future under each of these conditions: a. 15% nominal rate, semiannual compounding, discounted back 10 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ b. 15% nominal rate, quarterly compounding, discounted back 10 years. Do not round intermediate calculations. Round your answer to the nearest cent. c. 15% nominal rate, monthly compounding, discounted back 1 year. Do not round intermediate calculations. Round your answer to the nearest cent. d. Why do the differences in the PVs occur? ( -Select

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