106k views
2 votes
Please answer the question posted in the attached image

Please answer the question posted in the attached image-example-1

1 Answer

4 votes

Answer:

80

Step-by-step explanation:

Years = 20

Compounding month = 4 (quarterly)

N is the number of compounding factors = 20 years * 4 periods per year = 80. So, the value of n in the F/A factor (for determining F/A factor the end of the 20 year period) is 80.

User Dolina
by
8.6k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.