Question: For the following separate cases, a through h, for an investment of $10,000, complete the table by indicating (1) the interest rate per compounding period,
For the following separate cases, a through h, for an investment of $10,000, complete the table by indicating (1) the interest rate per compounding period, and (2) the total number of compounding periods over the full term of the investment.
| Annual | Interest Rate per | Total Number of | ||||
|---|---|---|---|---|---|---|
| Compounding | Interest Rate | Term | Compounding Period | Compounding Periods | ||
| a. | Annual | 7% | 5 | years | ||
| b. | Quarterly | 8% | 8 | years | ||
| c. | Monthly | 6% | 5 | years | ||
| d. | Semiannual | 8% | 10 | years | ||
| e. | Annual | 6% | 3 | years | ||
| f. | Quarterly | 6% | 5 | years | ||
| g. | Monthly | 6% | 4 | years | ||
| h. | Semiannual | 6% | 8 | years | ||
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