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 800,000 10 years 4 annually

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
Author:Carter
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Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 69SGR
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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
Investment
Nominal
Rate (%)
Interest
Compounded
Present
Value
Compound
Interest
800,000 10 years 4 annually    
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