Find the present value of 200 due in the future under each, Ask an Expert

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Find the present value of $200 due in the future under each of these conditions: 4% nominal rate, semiannual compounding, discounted back 6 years. Round your answer to the nearest cent. $ 4% nominal rate, quarterly compounding, discounted back 6 years. Round your answer to the nearest cent. $ 4% 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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