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What is the accumulated value of $ 100 invested for 13 years at 4.4 % p.a. compounded (a) annually? (b) semi-annually? (c) quarterly? (d) monthly?
What is the accumulated value of $100 invested for 13 years at 4.4% p.a. compounded
(a)annually?
(b)semi-annually?
(c)quarterly?
(d)monthly?
The accumulated value for each is $?
For a sum of money invested at 7.5% compounded monthly for 2 years state the following values.
(a) the number of compounding periods ?
(b) the periodic rate of interest ?
(c) the compounding factor (1+i)n ?
(d) the numerical value of the compounding factor is?
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