Attempts Average / 4 24. Problem 5.24 (Present Value for Various Discounting Periods) eBook Problem Walk-Through Find the present value of $200 due in the future under each of these conditions: a. 15% nominal rate, semiannual compounding, discounted back 4 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ B. 15% nominal rate, quarterly compounding, discounted back 4 years. Do not found intermediate calculations. Hound your answer to the nearest cert. S c. 15% nominal rate, monthly compounding, discounted back 1 year. Do not round intermediate calculations. Round your answer to the nearest cent. d Why do the differences in the PS2 The present Values dedine as periods per year increase The present value decline as periods per year der The present was increase as periods per year increase The present values are not affected by changes in the number of periods per year The present values are pouvely related to the number of discounting periodu per year Save & Continue