Question: Compute the compounding factor (1+ i), for money earning 10.8% compounded monthly for 45 months. The compounding factor is (Round to six decimal places as

 Compute the compounding factor (1+ i)", for money earning 10.8% compounded

Compute the compounding factor (1+ i)", for money earning 10.8% compounded monthly for 45 months. The compounding factor is (Round to six decimal places as needed.)

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