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For a sum of money invested at 5.4% compounded quarterly for 3 years state the following values. (a) the number of compounding periods (b) the

For a sum of money invested at 5.4% compounded quarterly for 3 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

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