Question $1$ of $8$

For a sum of money invested at $22\%$ compounded quarterly for $21$ years, state:

a$.$ The number of compounding periods.

$n=$

b$.$ The periodic interest rate $($i$).$

$i=,\%$

Round to two decimal places

c$.$ The numerical value of the compounding factor $(1+i{)}^n.$

Round to six decimal places.