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(Solved): Calculate the present value (principal) and the compound interest (in \( \$ \) ). Use Table \( 11- ...
Calculate the present value (principal) and the compound interest (in \( \$ \) ). Use Table \( 11-2 \). Round your answers to the nearest cent. \begin{tabular}{|c|c|c|c|c|c|} \hline Compound Amount & Term of Investment & Nominal Rate (\%) & Interest Compounded & Present Value & Compound Interest \\ \hline\( \$ 32,000 \) & 6 years & 4 & semiannually & \( \$ 7690.1995885 \times \) & \( \$ 24309.800411 . \times \) \\ \hline \end{tabular} Need Help? Read It Calculate the present value (principal) and the compound interest (in \( \$ \) ). Use Table \( 11-2 \). Round your answers to the nearest cent. \begin{tabular}{|c|c|c|c|c|c|} \hline Compound Amount & Term of Investment & Nominal Rate (\%) & Interest Compounded & Present Value & Compound Interest \\ \hline\( \$ 26,500 \) & 18 months & 4 & semiannually & \( \$ \) & \( \$ \) \\ \hline \end{tabular} Need Help? Read It
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1. Compound amount = 32000 Term = 6 years No of period
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