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please show all work Question 5 - PV, Lump Sum, Compounding (2 points]: Find the present value of $600 due in five years under each

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Question 5 - PV, Lump Sum, Compounding (2 points]: Find the present value of $600 due in five years under each of the following conditions: a) 12 percent simple rate, compounded annually b) 12 percent simple rate, compounded semiannually c) 12 percent simple rato, compounded quarterly d) 12 percent simple rate, compounded monthly

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