Question: Compute the present value (principal) and the compound interest earned for the following investment. Use Tables 16-1A&B or 16-2A&B or a calculator. Future Present Compound
Compute the present value (principal) and the compound interest earned for the following investment. Use Tables 16-1A&B or 16-2A&B or a calculator. Future Present Compound Value Interest Rate Time Value Interest $ 8,000 12% compounded semiannually 14 years __________ _________ Group of answer choices $1,636.96; $6,363.04 $1,833.36; $6,166.64 $1,565.04; $6,434.96 $1,556.04; $6,443.96
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