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. 9% nominal rate, semiannual compounding, discounted back 5 years. $ 9% nominal rate, quarterly compounding, discounted back 5 years. $ 9% nominal rate, monthly compounding, discounted back 1 year. $