Question: Now it's time to practice what you've learned. Consider a future value of $3,000, 6 years in the future. Assume that the nominal interest rate

Now it's time to practice what you've learned. Consider a future value of $3,000, 6 years in the future. Assume that the nominal interest rate is 18.00 %. Assume that there is semiannual compounding. Entering PMT-0 and a FV-$3,000 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 a FV-$3,000 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 $3,000 occurs only 1 year in the future. Assume that there is monthly compounding. Entering PMT-O and a PV-$3,000 into a financial calculator, along with the appropriate periodic interest rate and value of N, yields a present value of approximately $ with monthly compounding

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