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Find the present value for the amount given in the table. Amount $3977.23 Nominal Rate 7.4% Frequency of Conversion semi-annually Time 14 years The
Find the present value for the amount given in the table. Amount $3977.23 Nominal Rate 7.4% Frequency of Conversion semi-annually Time 14 years The present value is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) A demand loan for $9299.07 with interest at 7.8% compounded annually is repaid after 4 years, 2 months. What is the amount of interest paid? The amount of interest is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) If $6000 is invested for six years and seven months at 6% compounded semi-annually, what is the interest that the investment earns? ... The amount of interest is $ . (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Find the future value of the following investment. Nominal Principal $2300.00 Rate Frequency of Conversion 5.2% annually Time 1 years The future value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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