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For a sum of money invested at 8.9% compounded semi-annually for 9 years state the following values. (a) the number of compounding periods (b) the

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For a sum of money invested at 8.9% compounded semi-annually for 9 years state the following values. (a) the number of compounding periods (b) the periodic rate of interest (c) the compounding factor (1 + i)" (d) the numerical value of the compounding factor

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