Question: Question content area top Part 1 Find the present value for the amount given in the table. Amount Nominal Rate Frequency of Conversion Time $2246.73
Question content area top
Part 1
Find the present value for the amount given in the table.
| Amount | Nominal Rate | Frequency of Conversion | Time |
| $2246.73 | 5.8% | quarterly | 7 years |
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