(Solution Document) ch 11 3. For the following investment, find the total number of compounding periods and the interest rate per period.Do not enter the percent symbol...

ch 11

3. For the following investment, find the total number of compounding periods and the interest rate per period.Do not enter the percent symbol in your answer.

Term of Investment             Nominal (Annual) Rate (%)            Interest Compounded                Compounding Periods                     Rate per Period (%)

4 years                                 19.5                                                quarterly                                                                                                                        %