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For a sum of money invested at 8.1% compounded quarterly for 11 years state the following values. (a) the number of compounding periods (b) the

For a sum of money invested at

8.1%

compounded

quarterly

for

11

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

nothing.

(Type an integer or a decimal.)

(b) The periodic rate of interest is

nothing%.

(Round to six decimal places as needed.)

(c) The compounding factor is

1+.

(Type integers or decimals.)

(d) The numerical value of the compounding factor is

nothing.

(Round to six decimal places as needed.)

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