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QUESTION 9 For Questions 9-11. Find the present value of $500 under each of these conditions: 12% nominal rate, semiannual compounding, discounted back 5

QUESTION 9 For Questions 9-11. Find the present value of $500 under each of these conditions: 12% nominal rate, semiannual compounding, discounted back 5 years. $326.12 $279.20 $233.12 QUESTION 10 12% nominal rate, quarterly compounding, discounted back 5 years. $273.22 $279.63 $276.84 QUESTION 11 12% nominal rate, semiannually compounding, discounted back 1 year. $445.00 $449.32 $450.00

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