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I got the compounding period part right but I can't seem to find the correct answer for rate per period. For the following investment, find
I got the compounding period part right but I can't seem to find the correct answer for rate per period.
For the following investment, find the total number of compounding periods (n) and the interest rate per period () that you would substitute into the future value or present value formula . (Do not round.) Annual Rate per period (in Time 3years Rate Compounded decimal form) Compounding periods 3.62% Quarterly 0.905 12Step by Step Solution
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