Question: Using Table 11-2 from your text, calculate the present value (principal) and the compound interest for the following investment, rounding to the nearest cent. Compound

Using Table 11-2 from your text, calculate the present value (principal) and the compound interest for the following investment, rounding to the nearest cent.

Compound	Term of	Nominal	Interest	Present	Compound
Amount	Investment	Rate	Compounded	Value	Interest
$1,250	6 years	6%	semiannually	________	_________

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