IDNLearn.com is your reliable source for expert answers and community insights. Our experts provide timely, comprehensive responses to ensure you have the information you need.

Determine the number of compounding periods for the following investment.
Principal
Future Value
Interest Rate
Frequency of Conversion
​$16241624
​$19381938
7.47.4​%
quarterlyquarterly
Question content area bottom
Part 1
The number of compounding periods is enter your response here.
​(Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as​ needed.)