Find the present value of 400 due in the future under each, Financial Management

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Find the present value of 400 due in the future under each

PRESENT VALUE FOR VARIOUS DISCOUNTING PERIODS Find the present value of $400 due in the future under each of these conditions: 15% nominal rate, semiannual compounding, discounted back 6 years. Round your answer to the nearest cent. $ 15% nominal rate, quarterly compounding, discounted back 6 years. Round your answer to the nearest cent. $ 15% 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: Find the present value of 400 due in the future under each

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Financial Management: Find the present value of 400 due in the future under each

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