Problemfind the present value of 525 due in the future, Ask an Expert

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Problem:

Find the present value of $525 due in the future under each of the following conditions. Please provide step by step solution and show all work.

A. 10% nominal rate, semiannual compounding, discounted back 5 years $

B. 10% nominal rate, quarterly compounding, discounted back 5 years $

C. 10% nominal rate, monthly compounding, discounted back 1 year $

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Category:- Basic Finance
Reference No.:- M91145776

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