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Find the total number of compounding periods and the interest rate per period for the investment. Term of Investment Nominal Interest (Annual) Rate (%) Compounded
Find the total number of compounding periods and the interest rate per period for the investment. Term of Investment Nominal Interest (Annual) Rate (%) Compounded Compounding Periods Rate per Period (%) 7 years 3.5 semiannually Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment (Round your answers to the nearest cont.) MYN Principal Time Period (years) Nominal Interest Rate(%) Compounded Compound Amount Compound Interest $5,200 4 8 quarterly 5. [0/1 Points] DETAILS PREVIOUS ANSWERS BRECMBC9 11.1.016. MY NO Using Table 11-2, calculate the compound amount and compound interest (In 5) for the investment. (Round your answers to the nearest cart.) Principal Time Period (years) Nominal Rate(% Interest Compounded Compound Amount Compound Interest $16771085 $33758 65 annually 18 X $24.000 5
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