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For a sum of money invested at 8.1% compounded quarterly for 8 years state the following values. (a) the number of compounding periods (b)
For a sum of money invested at 8.1% compounded quarterly for 8 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 (a) The number of compounding periods is (Type an integer or a decimal.)
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International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
2nd edition
013299755X, 132162768, 9780132997553, 978-0132162760
