How Many Compounding Periods Does It Take for a Non-Interest

question 63

Multiple Choice

How many compounding periods does it take for a non-interest bearing bond of $420 150 to be reduced to $199 989 at a discount rate of 5.44% compounded monthly?

• A) 146.12
• B) 121.12
• C) 154.12
• D) 184.12
• E) 164.12

---

Definitions:

Group Marriages

A type of marriage in which more than two people form a familial unit, sharing responsibilities, duties, and intimate relations.

Biphobic Marginalization

The exclusion or discrimination against individuals who are bisexual, stemming from stereotypes or negative attitudes towards bisexuality.

Asexuality

An absence of sexual desire.

Pansexuality

A sexual orientation characterized by the potential for aesthetic attraction, romantic love, or sexual desire towards people regardless of their gender identity or biological sex.