Find the present value of 800 due in the future under each, Ask an Expert

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Find the present value of $800 due in the future under each of these conditions:

10% nominal rate, semiannual compounding, discounted back 8 years. Round your answer to the nearest cent.

10% nominal rate, quarterly compounding, discounted back 8 years. Round your answer to the nearest cent.

10% nominal rate, monthly compounding, discounted back 1 year. Round your answer to the nearest cent.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92827262

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