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12. $20,000 for 14 years compounded at 8 percent semiannually results in how many periods? (Points : 2) 64 28 12 14 None of these
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Asked 3/27/2012 10:24:55 AM
Updated 12/10/2014 5:43:39 AM
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Flagged by debnjerry [12/10/2014 5:43:39 AM]
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User: 12. $20,000 for 14 years compounded at 8 percent semiannually results in how many periods? (Points : 2) 64 28 12 14 None of these

Weegy: None of this





Question
Asked 3/27/2012 10:24:55 AM
Updated 12/10/2014 5:43:39 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by debnjerry [12/10/2014 5:43:39 AM]
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$20,000 for 14 years compounded at 8 percent semiannually results 28 periods.
Added 12/10/2014 5:43:38 AM
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Questions asked by the same visitor
11. The number of periods in compounding is found by multiplying number of years times the number of times compounded per year. (Points : 2) True False
Question
Updated 7/18/2016 3:01:11 PM
1 Answer/Comment
The number of periods in compounding is found by multiplying number of years times the number of times compounded per year. TRUE.
Added 7/18/2016 3:01:11 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [7/18/2016 5:04:21 PM]
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