Find the present value, Find the present value of $800 due

Find the present value

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Reference no: EM131989611

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.

Reference no: EM131989611

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