Question: Match with the correct compounding factor for each of the examples. Column A 1 2. 3. 4. 5. 8% compounded annually 6 years. 8% compounded
Match with the correct compounding factor for each of the examples.
Column A
1
2.
3.
4.
5.
8% compounded annually 6 years.
8% compounded semi-annually for 10 years.
8% compounded monthly for 10.5 years.
8% compounded daily for 3 years
8% compounded quarterly for 6.75 years
Column B
a. (1+0.08)^6
b. (1+0.00021)^1095
c. (1+0.02)^27
d. (1+0.04)^20
e. (1+0.0066)^126
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