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QUESTION
find the present value of $600 due in the futre under each of theres conditions! 5% nominal rate, semiannual compounding, discounted back 7 years....
find the present value of $600 due in the futre under each of theres conditions!a. 5% nominal rate, semiannual compounding, discounted back 7 years. round your answer to the nearest cent.b. 5% noinal rate, quarterly compounding, discounted back 7 years. round to the nearest cent.c. 5% nominal rate, monthly compounding, discounted back 7 years. round to your nearest cent.
