Question: Solve by using the present value formula. Round your answers (in $ ) to the nearest cent. begin{tabular}{|c|c|c|c|c|c|} hline Compound Amount & Term of Investment

Solve by using the present value formula. Round your answers (in

Solve by using the present value formula. Round your answers (in $ ) to the nearest cent. \begin{tabular}{|c|c|c|c|c|c|} \hline Compound Amount & Term of Investment & Nominal Rate (\%) & Interest Compounded & Present Value & Compound Interest \\ \hline$19,000 & 8 years & 4.5 & $14 & \\ \hline \end{tabular}

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