Question: Compute the compounding factor (1 + i), for money earning 3.7% compounded semi-annually for 54 months. The compounding factor is (Round to six decimal places

Compute the compounding factor (1 + i)", for money earning 3.7%

Compute the compounding factor (1 + i)", for money earning 3.7% compounded semi-annually for 54 months. The compounding factor is (Round to six decimal places as needed.)

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