Check My Work B eBook Problem Walk-Through Find the present value of $500 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. O o b. 15% nominal rate, quarterly compounding, discounted back 10 years. Do not round Intermediate calculations. Round your answer to the nearest cont. $ c. 15% nominal rate, monthly compounding, discounted back 1 year. Do not round intermediate calculations. Round your answer to the nearest cont d. Why do the differences in the PVs occur? Select