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2.) Use the compound interest formula to find the present value P, for the following given values. A=$18,500 I=0.078 N=107 P=$________ (ROUND TO THE NEAREST

2.) Use the compound interest formula to find the present value P, for the following given values.

A=$18,500

I=0.078

N=107

P=$________(ROUND TO THE NEAREST CENT)

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