Find the Total Number of Compounding Periods and the Interest

question 59

Short Answer

Find the total number of compounding periods and the interest rate per period: $$\begin{array} { l l l l l } \text { Term of } & \text { Nominal } & \text { Interest } & \text { Compounding } & \text { Rate per } \\\text { Investment } & \text { Rate } & \text { Compounded } & \text { Periods } & \text { Period } \\2 \text { years } & 13 \% & \text { annually } & --------&------- \\\end{array}$$

---

Definitions:

Social Media

Digital platforms that facilitate the sharing of ideas, information, personal messages, and other content among users.

Social Media Posts

Content that individuals publish on digital platforms like Twitter, Facebook, and Instagram to share information, thoughts, or updates with others.

Corporations

A legal entity recognized by the law, distinct from its owners, with the ability to own assets, incur liabilities, and conduct business.

Nondefensive Statement

A way of communicating that involves expressing one's thoughts and feelings openly and honestly without being aggressive or protective.