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identifying number of compounding periods and rate per period complete the following schedule. note: enter the interest rate percent rounded to one digit after the decimal; enter 2.4 for 2.44% or 2.5 for 2.45%. note: do not use a negative sign (-) with your answers. annual interest rate per total number of interest term compounding compounding investment cost rate (years) compounding period periods investment a $50,000 6% 5 quarterly answer answer investment b 50,000 6% 5 monthly answer answer investment c 100,000 8% 10 quarterly answer answer investment d 100,000 9.6% 10 monthly answer answer
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