Present value for various compounding periods

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Present Value for Various Compounding Periods Find the present value of $375 due in the future under each of the following conditions. Round your answers to the nearest cent.

A. 12% nominal rate, semiannual compounding, discounted back 5 years $ ________

B. 12% nominal rate, quarterly compounding, discounted back 5 years $ ________

C. 12% nominal rate, monthly compounding, discounted back 1 year $ ________

Reference no: EM131189841

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