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 CompoundAmount & TermofInvestment & NominalRate(%) & InterestCompounded

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 CompoundAmount & TermofInvestment & NominalRate(%) & InterestCompounded & PresentValue & CompoundInterest \\ \hline$18,000 & 8 years & 4.5 & monthly & $ & $ \\ \hline \end{tabular}

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