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Present Value for Various Compounding Periods Find the present value of $550 due in the future under each of the following conditions. Do not round

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Present Value for Various Compounding Periods Find the present value of $550 due in the future under each of the following conditions. Do not round Intermediate calculations. Round your answers to the nearest cent a. 9% nominal rate, semiannual compounding, discounted back 5 years. $ b. 94 nominal rate, quarterly compounding, discounted back 5 years c9% nominal rate, monthly compounding, discounted back 1 year $

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