Question: Using provided data, solve for number of compounding periods. Use the I/Y values when looking up the factor in the tables. Do NOT use the

 Using provided data, solve for number of compounding periods. Use the
I/Y values when looking up the factor in the tables. Do NOT

Using provided data, solve for number of compounding periods. Use the I/Y values when looking up the factor in the tables. Do NOT use the annual values. When entering the factor, enter the amount to four decimal places, X.XXXX. If the last value in the factor is a zero, please do not enter the zero. For example if the factor is 3.2620, only enter 3.262. Facts PV: $199,000 FV $430,775 Annual Interest Rate: 24% VY 296 N(Number of compounding periods) Compounded (Y): Monthly Table Method Factor FV PV Number of Compounding periods

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