RiyaTailz9324 RiyaTailz9324

29-05-2024
Mathematics

Answered

For a sum of money invested at 1 0 . 2 % compounded quarterly for 9 years state the following values.
( a ) the number of compounding periods
( b ) the periodic rate of interest
( c ) the compounding factor left parenthesis 1 plus i right parenthesis Superscript n
( d ) the numerical value of the compounding factor

Answer :

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