Find the present value of $700 due in the future under each of these conditions a. 6% nominal rate, semiannual compounding, discounted back 9 years. Do not round intermediate calculations. Round your answer to the nearest cent. h. 6% nominal rate, quarterly compounding, discounted back 9 years. Do not round intermediate calculations. Round your answer to the nearest cent c. 6% nominal rate, monthly compounding, discounted bock 1 year Do not round intermediate calculation, Round your answer to the nearest cent. $ d. Why do the differences in the Pys occur? -Select