Question: QUESTION 3 Find the present value (i.e. at time t=0 years) of a 200 deposit at time t=2 years using a nominal annual discount rate

QUESTION 3 Find the present value (i.e. at time t=0 years)

QUESTION 3 Find the present value (i.e. at time t=0 years) of a 200 deposit at time t=2 years using a nominal annual discount rate of 8% compounded semiannually. Give your answer as a decimal rounded to two places (i.e. X.xx)

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