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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) FV Deposit ($) Nominal Interest Rate (%) Deposit Periods (Yrs) Present Value ($) 1 800 20 9

2 500 12 17

12 600 8 3

What is the Present Value for each?

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