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Posted on Sep 14, 2024

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

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 Interest Rate (%) Compounded Present Value Compound Interest $7,000 12 years 6 semiannually Need Help? Read It 1 29 Periods 19 34 8 65 75 Periods 1 2 3 0.99502 0.99007 0.98515 0.98025 0.97537 0.99010 0.98030 0.97059 0.96098 095147 0.98522 0.97066 0.95632 0.94218 0.92826 0.98039 0.96117 0.94232 0.923R5 090573 0.97087 0.94260 0.91514 0.88849 0.86261 49 0.96154 0.92456 0.8.1900 0.85480 0.82193 55 0.95238 0.90703 0.86384 0.82270 0.78353 0.94340 0.890.00 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 1 2 3 4 4 5 5 6 7 8 9 10 0.97052 0.96569 0.96089 095610 0.95135 0.94205 0.93272 0.92348 0.91434 0.90529 091454 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 6 7 8 9 10 11 12 13 14 15 0.94661 094191 0.93722 093256 0.92792 0.89632 0.88745 0.87866 086996 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 0.58032 0.50507 0.48102 0.52679 0.49697 0.46884 0.44230 041727 0.47509 0.44401 0:41496 0.38782 0.36245 042888 0.39711 0.36770 0.34046 0.31524 11 12 13 14 0.92130 0.91871 0.91414 0.90959 0.90506 0.85282 0.84438 0.83602 0.82774 0.81954 99 RON 0.78803 0.77619 0.76491 0.75361 0.74247 0.72845 0.71416 0.70016 0.68643 0.67297 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 0.29189 0.27027 0.25025 0.23171 0.21455 0.33873 0.31657 0.29586 0.27651 0.25842 16 17 18 19 20 Hp: 5 59 20 22 0.90056 0.89608 0.89162 0.88719 088277 081143 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 031007 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 24 25 Periods 1 2 3 4 5 95 0.91743 0.84168 0.77218 0.70843 0.64993 10% 0.90909 0.82645 0.75131 0.68301 0.62092 115 0.90090 0.81162 0.73119 0.65873 0.59345 12% 0.89286 0.79719 0.71178 0.63552 0.56743 155 0.86957 0.75614 0.68752 0.57175 0.49718 145 0.87719 0.76947 0.67497 0.59208 0.51937 169 0.86207 0.74316 0.64066 0.55229 0.47611 17 0.85470 0.73051 0.62437 0.53365 0,45611 185 0.84746 0.71818 0.60863 051579 0.43711 Periods 1 2 3 4 S 13 0.88496 0.78315 0.69305 061332 0.54276 0.48032 0.42506 0.37616 0.33288 0.29459 6 7 B 9 10 0.59627 0.54203 O.S0187 0.46043 0.42241 0 56447 0.51316 046651 042410 0.38554 0.53464 0.48166 0.43393 0.39092 0.35218 0 50663 0.45235 0.40388 0.36061 0.32197 0.45559 0.39964 0.35056 0.30751 0.26974 043233 0.37594 0.32690 0.28426 0.24718 041044 0.35383 030503 0.26295 0.22668 0.38984 0.33320 028478 0.24340 0.26804 0.37043 0.31393 0.26604 0.22516 0.19106 6 7 8 9 10 11 12 13 14 15 0.38753 0.35553 0.32618 0.29925 0.27454 0.35019 0.31863 0.28966 0.26133 0.23939 031728 0.28584 0.25751 023199 0 20900 0.28748 0.25668 0.22917 0.20162 0.18270 0.26070 0.23071 0.2016 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 0.15192 0.12989 0.11102 0.09489 0.16192 0.13722 0.11629 0.09835 0.08352 11 12 13 14 15 16 17 18 19 20 0.25187 0.23107 0.21199 0.19449 0.17843 0.21763 0.19784 0.17986 0.16351 0.14164 0.18829 0.16963 0.15282 0.13768 0.12403 0.16312 0.14564 0.13004 0.11611 0.10367 0.14150 0.12522 0.11061 0.09806 0.00678 0.12289 0.10780 0.09456 0.08295 0.07276 0.10686 0.09293 O ONORI 0.07027 0.06110 0.09304 0.08021 0.06914 0.05961 0.08139 0.08110 0.06932 0.05925 0.05064 0.04328 0.07078 0.05998 008083 0.04308 0.03651 16 17 18 19 20 21 21 22 23 24 25 0.16370 0.15018 0.13778 0.12540 0.11597 0.13513 0.12285 0.11168 010153 0.092.00 0.11174 0.10067 0.090609 0.08170 0.07361 0.09256 0.06264 0.07379 0.06588 0.0582 0.07680 0.06796 0.06014 0.05323 0.04710 0.06383 0.05599 0.04911 004308 0.03779 005313 0.04620 0.01017 0.03493 0.03038 0.04430 003819 0.03292 002836 0.02447 0.00699 0.03162 0.02702 0.02310 0.01974 0.03094 0.02622 0.02222 O.OIR 0.01596 24 25