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Determine the number of compounding periods for the following investment. Frequency of Conversion $1524 $1798 6.6% semiannually Principal Future Value Interest Rate (3 The number
Determine the number of compounding periods for the following investment. Frequency of Conversion $1524 $1798 6.6% semiannually Principal Future Value Interest Rate (3 The number of compounding periods is D. (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.) For a sum of money invested at 5.4% compounded semi-annually for 2 years state the following values. (a) the number of compounding periods (b) the periodic rate of interest (c) the compounding factor (1 + i)n (d) the numerical value of the compounding factor How long will it take $2,000 to grow to $17,000 if it is invested at 5% compounded monthly? The maturity value of the term deposit is $|:|. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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