Examlex

Solved

Find the Total Number of Compounding Periods and the Interest

question 22

Short Answer

Find the total number of compounding periods and the interest rate per period:  Term of  Nominal  Interest  Compounding  Rate per  Investment  Rate  Compounded  Periods  Period 12 years 15.2% quarterly \begin{array} { l l l l l } \text { Term of } & \text { Nominal } & \text { Interest } & \text { Compounding } & \text { Rate per } \\\text { Investment } & \text { Rate } & \text { Compounded } & \text { Periods } & \text { Period } \\12 \text { years } & 15.2 \% & \text { quarterly } &---- & ----\\\end{array}


Definitions:

Related Questions