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help immediate thumbs up Find the present value of 5700 due in the future under each of these conditions: a. 6% nominal rate, semiannual compounding,
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Find the present value of 5700 due in the future under each of these conditions: a. 6% nominal rate, semiannual compounding, discounted back 8 years. Do not round Intermediate calculation, Round your answer to the nearest cent. $ b. 6% nominal rate, quarterly compounding, discounted back 8 years. Do not round intermediate calculations, Round your answer to the nearest cont, s 6.6% nominal rate, monthly compounding, discounted back I year. Do not round Intermediate calculations. Round your answer to the nearest cunt " d. Why do the differences in the PVs Occur Step by Step Solution
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