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The following investment requires table factors for periods beyond the table. Create the new table factor...

The following investment requires table factors for periods beyond the table. Create the new table factor rounded to five places and calculate the present value. Round present value to the nearest cent.

Click here for Table 11-2

Compound Amount Term of Investment (years) Nominal Rate (%) Interest Compounded New Table Factor Present Value
$1,900 12 12 quarterly $
Math   Advanced-Math   
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