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Calculate the present value for the following investment. Present Value Nominal Interest Rate: 5 . 6 % Compounding Frequency: quarterly Time in Years: 3 Future

Calculate the present value for the following investment.

Present Value

Nominal Interest Rate:

5.6 %

Compounding Frequency: quarterly

Time in Years:

3

Future Value: $

14755

Round the answers to the nearest cent.

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