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Find the present value of $ 4 0 0 due in the future under each of these conditions: a 1 2 nominal rate, semiannual compounding,
Find the present value of $ due in the future under each of these conditions: anominal rate, semiannual compounding, discounted back years. Do not round intermediate calculationsRound your answer to the nearest cent nominal rate, quarterly compounding, discounted back yearsDo not round Round your answer to the nearest cent nominal rate, monthly compounding, discounted back yearDo not round intermediate calculationsRound your answer to the nearest cent d Why do the differences in the PVs occur? Select
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