Present value for various discounting periods
Find the present value of $800 due in the future under each of these conditions:
15% nominal rate, semi annual compounding, discounted back 10 years. Round your answer to the nearest cent.
$
15% nominal rate, quarterly compounding, discounted back 10 years. Round your answer to the nearest cent.
$
15% nominal rate, monthly compounding, discounted back 1 year. Round your answer to the nearest cent.
$