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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 Rate (%) | Interest Compounded | Present Value | Compound Interest |
|---|---|---|---|---|---|
| $26,000 | 6 years | 4 | semiannually | $ | $ |
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Investment Theory And Risk Management
Authors: Steven Peterson
1st Edition
9781118129593
