Find the present value (principal) and the compound interest, as indicated, for each of the following investments. (Hint: Subtract the present value from the future value to find the compound interest.) Use a calculator or Table 16-1 or Table 16-2 to find FVF or PVF. Round answers to the nearest cent. show entire solution please.
Future Value - Rate - Term - Present Value - Compound Interest
2. $18,000 - 6% compounded quarterly - 5 years - _____ - _____________
4. $5,200 - 12% compounded monthly - 2 years - _________ - ________
6 $50,000 - 8% compounded semiannually - 6 years - _____________ - ______________
the dashes is to not get confused. last time i posted this it was all mixed up. hope this helps. thank you
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