Principal  Term of Investment  Nominal Rate

InterestCompounded  PresentValue  CompoundInterest 
33.  $80,200  9 months  4.8  quarterly 
To calculate: The present value and the compound interest for investment with principal
Given Information:
The investment with principal
Formula used:
Compounding period can be defined as the duration or length of time from one interest payment to the next. If an investment made for 4 years at
Here, m is the period per year.
The interest rate per period can be calculated by dividing the annual, or nominal, rate by the number of periods per year,
Present value formula:
Present value
Here, the compound amount is
Steps for solving the present value formula:
Step I: Add
Step II: raise to the nth power to the resultant step 1 by use the
Step III: Divide the resultant of step 2 by the compound amount
Calculation:
Consider the principal principal
Since, the variablescompound amount, time period (years), nominal rate and interest compounded are given; therefore, the compounding period can be calculated as below:
Substitute the values in the formula for interest rate per period and simplify,
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