Solve:

Factor

N:( Number of Compounding periods)

Activity 1,d-Solving for Number of Compounding Periods, Single Sum Using Tables Using provided data, solve for number of compounding periods. Use the I/Y values when looking up the factor in the tables. Do NOT use the annual values. When entering the factor, enter the amount to four decimal places, X.XXXX. If the last value in the factor is a zero, please do not enter the zero. For example if the factor is 3.2620 , only enter 3.262 . \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ Facts } \\ \hline PV: & & $195,000 \\ \hline FV: & & 5446,141 \\ \hline Annual interest Rate: & & 36% \\ \hline INE: & & 3% \\ \hline \multicolumn{3}{|c|}{ N: (Number of compounding periods) } \\ \hline Compounded (n) : & & Monthly \\ \hline \end{tabular} Factor