Questions 2. eBook 4. Problem 5-24 5. O Present value for various discounting periods Find the present value of $400 due in the future under each of these conditions: 6. 15% nominal rate, semiannual compounding, discounted back 4 years. Round your answ a. nswer to the nearest cent. b. 15% nominal rate, quarterly compounding, discounted back 4 years. Round your answer to the nearest cent. $ c. 15% nominal rate, monthly compounding, discounted back 1 year. Round your answer to the nearest cent. 0. $ 1. d. Why do the differences in the PVs occur? -Select