Answered

Looking for reliable answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Discover a wealth of knowledge from experts across different disciplines on our comprehensive Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Determine the number of compounding periods for the following investment.
Principal
[tex]$1092 Future Value $[/tex]1286
Interest Rate
7.8%
Frequency of
Conversion
monthly
The number of compounding periods is
(Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.)
​

Sagot :

We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.