Now it's time to practice what you've learned. Consider a future value of $500, 7 years in the future. Assume that the nominal interest rate is 12.00% Assume that there is semiannual compounding. Entering PMT-0 and a FV-$500 into a financial calculator, along with the appropriate periodic interest rate and value of N, Yields a present value of approximately with semiannual compounding. Assume that there is quarterly compounding Entering PMT.0 and FV=$500 into a financial calculator, along with the appropriate periodic interest rate and value of N. yields a present value of approximately with quarterly compounding. Suppose now that the cash flow of $500 occurs only 1 year in the future. Assume that there is monthly compounding. Entering PMTO and a FV w$500 into a financial calculator, along with the appropriate periodic interest rate and value of N, yields a present value of approximately s with monthly compounding