economicsstudent2021 economicsstudent2021

26-05-2021
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Please answer the question posted in the attached image

Please answer the question posted in the attached image class=

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Tundexi Tundexi

31-05-2021

Answer:

80

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.

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