Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
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Find the total number of compounding periods and the interest rate per period for the investment.
| Term of Investment |
Nominal (Annual) Rate (%) |
Interest Compounded |
Compounding Periods |
Rate per Period (%) |
|---|---|---|---|---|
| 7 years | 9 | monthly | % |
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