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please help Consider a future value of $500,6 years in the future. Assume that the nominal interest rate is 9.00%. If you are calculating the
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Consider a future value of $500,6 years in the future. Assume that the nominal interest rate is 9.00%. If you are calculating the present value of this cash How under semiannual (twice per year) compounding. you would enter for, N and VY into your financial calculator. Entering in the values you just calculated for N and 1/N, along with a PMT =0 and a FV=\$500, into a financial calculator y ieids a present value of approximately $ with semiannual compounding. If you are calculating the present value of this cash flow under quarterly (four times per year) compounding. you would enter for N and for 1/r into your financial calculator. Entaring in the values you just calculated for N and 1/N, along with a PMT=0 and a PV=5500, into a financial calculator yields a present value of approximately. 5 with quarterly compounding. Suppose now that the cash flow of $500 only 1 year in the futare. If you are calculating the present value of this cash flow under quarterfy (12 times per year) compounding. yau would entier for N and for 1/Y into your financial colculator. approximatelys whth monthly compounding Step by Step Solution
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