Find the Total Number of Compounding Periods and the Interest

question 112

Short Answer

Find the total number of compounding periods and the interest rate per period: $$\begin{array} { l l l l l } \text { Term of } & \text { Nominal } & \text { Interest } & \text { Compounding } & \text { Rate per } \\\text { Investment } & \text { Rate } & \text { Compounded } & \text { Periods } & \text { Period } \\15 \text { months } & 14 \% & \text { quarterly } &------- &------- \\\end{array}$$

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Definitions:

Consensual

Involving or based on mutual agreement between all parties involved.

Child Marriages

Marriages in which one or both of the individuals are under 18 years old, a practice that is considered harmful and is legally restricted in many countries.

Universal Definition

A description or concept that is accepted and used worldwide without specific adaptations for different cultures or societies.

Multiculturalism

A policy or framework that recognizes, embraces, and promotes cultural diversity within a society, encouraging the coexistence of different cultural traditions.