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 $ ________