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Present value for various discounting periods Find the present value of $200 due in the future under each of these conditions:

16% nominal rate, semiannual compounding, discounted back 8 years. Round your answer to the nearest cent.

16% nominal rate, quarterly compounding, discounted back 8 years. Round your answer to the nearest cent.

16% 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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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92387119

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