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For the following investment, calculate the present value (principal) and the compound interest. Use Table 11-2. Round your answers to the nearest cent. Click here

For the following investment, calculate the present value (principal) and the compound interest. Use Table 11-2. Round your answers to the nearest cent.

Click here for Table 11-2

Compound Amount Term of Investment Nominal Rate (%) Interest Compounded Present Value Compound Interest
$12,500 30 months 2 quarterly $ $

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