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Find the present value (principal) and the compound Interest, as indicated, for the following investment Hint: Subtract the present value from the future value to

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Find the present value (principal) and the compound Interest, as indicated, for the following investment Hint: Subtract the present value from the future value to find the compound interest.) Use Table 16-1 or Table 16-2 to find FVF or PVF. Round answers to the nearest cent. Future Value Rate Term Present Value Compound Interest $60.500 1.5% compounded semiannually 8 years Ilide Feedback Incorrect

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