Question: QUESTION 10 Practice calculating the Present Value with non-annual compounding (Section 5-15 and Video) What is the present value of a security that will pay

 QUESTION 10 Practice calculating the Present Value with non-annual compounding (Section

QUESTION 10 Practice calculating the Present Value with non-annual compounding (Section 5-15 and Video) What is the present value of a security that will pay a single cash flow of $780 in 16 years if securities of equal risk pay 3% annually? Assume semi-annual compounding. Round your answer to the nearest two decimals QUESTION 11 Practice calculating the Future Value with non-annual compounding (Section 5-15 and Video) What is the future value of a single cash flow of $624 deposited for 19 years that earns 5% annually? Assume quarterly compounding. Round your answer to the nearest two decimals

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