26. [0/2 Points] DETAILS PREVIOUS ANSWERS BRECMBC9 11.11.002. N Calculate the present value (principal) and the compound interest (in $). Use Table 11-2. Round your answers to the nearest cent. Compound Amount Term of Investment Nominal Rate (%) Interest Compounded Present Value Compound Interest $26,000 6 years 4 semiannually $ $ TABLE 11-2 Present Value Table (Present Value of $1 at Compound Interest) Periods 1% 11% 2% 3% 4% 5% 6% 7% 8% Periods 1 2 1 2 0.99502 0.99007 0.98515 0.98025 0.97537 3 4 0.99010 0.98030 0.97059 0.96098 0.95147 0.98522 0.97066 0.95632 0.94218 0.92826 0.98039 0.96117 0.94232 0.92385 0.90573 0.97087 0.94260 0.91514 0.88849 0.86261 0.96154 0.92456 0.88900 0.85480 0.82193 0.95238 0.90703 0.86384 0.82270 0.78353 0.94340 0.89000 0.83962 0.79209 0.74726 0.93458 0.87344 0.81630 0.76290 0.71299 0.92593 0.85734 0.79383 0.73503 0.68058 3 4 5 5 6 6 7 8 7 0.97052 0.96569 0.96089 095610 0.95135 0.94205 0.93272 0.92348 0.91434 0.90529 0.91454 0.90103 0.88771 0.87459 0.86167 0.88797 0.87056 0.85349 0.83676 0.82035 0.83748 0.81309 0.78941 0.76642 0.74409 0.79031 0.75992 0.73069 0.70259 0.67556 0.74622 0.71068 0.67684 0.64461 0.61391 0.70496 0.66506 0.62741 0.59190 0.55839 0.66634 0.62275 0.58201 0.54393 0.50835 0.63017 0.58349 0.54027 0.50025 0.46319 8 9 10 9 10 11 12 13 14 15 0.94661 0.94191 0.93722 0.93256 0.92792 0.89632 0.88745 0.87866 0.86996 0.86135 0.84893 0.83639 0.82403 0.81185 0.79985 0.80426 0.78849 0.77303 0.75788 0.74301 0.72242 0.70138 0.68095 0.66112 0.64186 0.64958 0.62460 0.60057 0.57748 0.55526 0.58468 0.55684 0.53032 0.50507 0.48102 0.52679 0.49697 0.46884 0.44230 0.41727 0.47509 0.44401 0.41496 0.38782 0.36245 0.42888 0.39711 0.36770 0.34046 0.31524 11 12 13 14 15 0.92330 0.72845 0.71416 16 17 0.91871 16 17 18 19 20 0.85282 0.84438 0.83602 0.82774 0.81954 0.78803 0.77639 0.76491 0.75361 0.74247 0.91414 0.90959 0.70016 0.62317 0.60502 0.58739 0.57029 0.55368 0.53391 0.51337 0.49363 0.47464 0.45639 0.45811 0.43630 0.41552 0.39573 0.37689 0.39365 0.37136 0.35034 0.33051 0.31180 0.33873 0.31657 0.29586 0.27651 0.25842 0.29189 0.27027 0.25025 0.23171 0.21455 18 0.68643 19 0.90506 0.67297 20 21 22 23 24 25 0.90056 0.89608 0.89162 0.88719 0.88277 0.81143 0.80340 0.79544 0.78757 0.77977 0.73150 0.72069 0.71004 0.69954 0.68921 0.65978 0.64684 0.63416 0.62172 0.60953 0.53755 0.52189 0.50669 0.49193 0.47761 0.43883 0.42196 0.40573 0.39012 0.37512 0.35894 0.34185 0.32557 0.31007 0.29530 0.29416 0.27751 0.26180 0.24698 0.23300 0.24151 0.22571 0.21095 0.19715 0.18425 0.19866 0.18394 0.17032 0.15770 0.14602 21 22 23 24 25 16% 17% Periods 1 2 3 4 5 9% 0.91743 0.84168 0.77218 0.70843 0.64993 10% 0.90909 0.82645 0.75131 0.68301 0.62092 11% 0.90090 0.81162 0.73119 0.65873 0.59345 12% 0.89286 0.79719 0.71178 0.63552 0.56743 13% 0.88496 0.78315 0.69305 0.61332 0.54276 14% 0.87719 0.76947 0.67497 0.59208 0.51937 15% 0.86957 0.75614 0.65752 0.57175 0.49718 0.86207 0.74316 0.64066 0.55229 0.47611 0.85470 0.73051 0.62437 0.53365 0.45611 18% 0.84746 0.71818 0.60863 0.51579 0.43711 Periods 1 2 3 4 5 6 7 8 0.59627 0.54703 0.50187 0.46043 0.42241 0.56447 0.51316 0.46651 0.42410 0.38554 0.53464 0.48166 0.43393 0.39092 0.35218 0.50663 0.45235 0.40388 0.36061 0.32197 0.48032 0.42506 0.37616 0.33288 0.29459 0.45559 0.39964 0.35056 0.30751 0.26974 0.43233 0.37594 0.32690 0.28426 0.24718 0.41044 0.35383 0.30503 0.26295 0.22668 0.38984 0.33320 0.28478 0.24340 0.20804 0.37043 0.31393 0.26604 0.22546 0.19106 6 7 8 9 9 10 10 11 11 12 13 0.38753 0.35553 0.32618 0.29925 0.27454 0.35049 0.31863 0.28966 0.26333 0.23939 0.31728 0.28584 0.25751 0.23199 0.20900 0.28748 0.25668 0.22917 0.20462 0.18270 0.26070 0.23071 0.20416 0.18068 0.15989 0.23662 0.20756 0.18207 0.15971 0.14010 0.21494 0.18691 0.16253 0.14133 0.12289 0.19542 0.16846 0.14523 0.12520 0.10793 0.17781 0.15197 0.12989 0.11102 0.09489 0.16192 0.13722 0.11629 0.09855 0.08352 12 13 14 14 15 15 16 16 17 17 18 19 20 0.25187 0.23107 0.21199 0.19449 0.17843 0.21763 0.19784 0.17986 0.16351 0.14864 0.18829 0.16963 0.15282 0.13768 0.12403 0.16312 0.14564 0.13004 0.11611 0.10367 0.14150 0.12522 0.11081 0.09806 0.08678 0.12289 0.10780 0.09456 0.08295 0.07276 0.10686 0.09293 0.08081 0.07027 0.06110 0.09304 0.08021 0.06914 0.05961 0.05139 0.08110 0.06932 0.05925 0.05064 0.04328 0.07078 0.05998 0.05083 0.04308 0.03651 18 19 20 21 22 23 24 25 0.16370 0.15018 0.13778 0.12640 0.11597 0.13513 0.12285 0.11168 0.10153 0.09230 0.11174 0.10067 0.09069 0.08170 0.07361 0.09256 0.08264 0.07379 0.06588 0.05882 0.07680 0.06796 0.06014 0.05323 0.04710 0.06383 0.05599 0.04911 0.04308 0.03779 0.05313 0.04620 0.04017 0.03493 0.03038 0.04430 0.03819 0.03292 0.02838 0.02447 0.03699 0.03162 0.02702 0.02310 0.01974 0.03094 0.02622 0.02222 0.01883 0.01596 21 22 23 24 25