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Using provided data, solve for number of compounding periods. Use the N values when looking up the factor in the tables. Do NOT use the

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Using provided data, solve for number of compounding periods. Use the N values when looking up the factor in the tables. Do NOT use the annual values. Facts PV: $169,000 FV 5190,429 Annual Interest Rate: WY: n: (Number of years) 1 N: (Number of compounding periods) 12 Compounded to: Monthly Table Method Factor FV py / Monthly interest Rate Annual Interest Rate

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