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For a sum of money invested at 9.9% compounded semi-annually for 7 years state the following values. (a) the number of compounding periods (b) the

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For a sum of money invested at 9.9% compounded semi-annually for 7 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 . (a) The number of compounding periods is (Type an integer or a decimal.) (b) The periodic rate of interest is %. (Round to six decimal places as needed.) (c) The compounding factor is (1+0 (Type integers or decimals.) (d) The numerical value of the compounding factor is (Round to six decimal places as needed.)

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