Exercise 3.12) Payments of $250 per quarter are made from June 7, Z through December 7, Z + 10, inclusive. If the nominal rate of interest convertible quarterly is 7%: a) Find the present value on September 7, Z- 4. ANSWER = $ . b) Find the current value on March 7, Z + 8. ANSWER = $ . c) Find the accumulated value on June 7. Z + 11. ANSWER = $

(1 point) (Exercise 3.12) Payments of $250 per quarter are made from June 7, Z through December 7, Z + 10, inclusive. If the nominal rate of interest convertible quarterly is 7%: a) Find the present value on September 7, Z-4. ANSWER = $ b) Find the current value on March 7, Z + 8. ANSWER = $ c) Find the accumulated value on June 7. Z + 11. ANSWER = $