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Find the total number of compounding periods and the interest rate per period for the investment. Term of Investment Nominal (Annual) Rate (%) Interest Compounded
Find the total number of compounding periods and the interest rate per period for the investment.
| Term of Investment | Nominal (Annual) Rate (%) | Interest Compounded | Compounding Periods | Rate per Period (%) |
|---|---|---|---|---|
| 4 years | 9 | monthly | % |
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
3rd Canadian Edition
978-0133035575, 133035573, 978-0133970524, 133970523, 978-0134040042
