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For each of the following cases, find the present value at time zero at the given nominal interest rate. Number of Compounding Periods in the
For each of the following cases, find the present value at time zero at the given nominal interest rate. Number of Compounding Periods in the Year (m) 1 2 12 Present Value ($) FV Deposit ($) 800 600 500 Nominal Interest Rate(%) 15 11 3 Deposit Periods (Yrs) 8 17 3 Number of Compounding Periods in the Year (m) 1 FV Deposit ($) 800 Nominal Interest Rate(%) 15 Deposit Periods (Yrs) 8 Present Value ($) (Round to the nearest cent.)
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