Compute the present value (principal) and the compound interest earned for each of the following...
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Finance
Compute the present value (principal) and the compound interest earned for each of the following investments. Use Tables 16-1A&B or 16-2A&B or a calculator. The following are the values:
a - future value ($25,000.00), interest rate (18% compounded monthly), time ( years)
b - future value ($2,650.00), interest rate (6% compounded semi-annually), time (10 years)
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