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Question 3 From the interest statement 18% per year, compounded monthly, determine the values for interest period compounding period and compounding frequency tone year; CP

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Question 3 From the interest statement 18% per year, compounded monthly, determine the values for interest period compounding period and compounding frequency tone year; CP one month; m6 t = one year: CP - one month: m =12 t = one year; CP - two monthsm-12 t=one year; CP - one month: m = 1

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