Contemporary Mathematics for Business and Consumers, Ninth Edition Robert Brechner and George Bergeman Copyright 2020 Cengage Learning Level 2 Chapter 11 Section II - Exercise 7 Use Table 11-2 to calculate the present value and the compound interest if the com- pound amount is $9,800 accumulated over 4 years at 12% compounded quarterly. Compound Term of Nominal Compound- Table Present Compound Amount nvestmen Rate ing Periods Factor Value Interest (years) (%) per Year