Business, 27.05.2020 21:58 williamslyric

Find the present value of $600 due in the future under each of these conditions: 6% nominal rate, semiannual compounding, discounted back 9 years. Round your answer to the nearest cent. $ 6% nominal rate, quarterly compounding, discounted back 9 years. Round your answer to the nearest cent. $ 6% nominal rate, monthly compounding, discounted back 1 year. Round your answer to the nearest cent. $ Why do the differences in the PVs occur

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Find the present value of $600 due in the future under each of these conditions: 6% nominal rate, se...

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