9. Problem 5.24 (Present Value for Various Discounting Periods) eBook Problem Walk-Through Find the present value of $300 due in the future under each of these conditions: 0. 12% nominal rate, semiannual compounding, discounted back 10 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ b. 12% nominal rate, quarterly compounding, discounted back 10 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ c 12% nominal rate, monthly compounding, discounted back 1 year. Do not round intermediate calculations. Round your answer to the nearest cont. 5 d. Why do the differences in the PVs occur? Select