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Business, 02.04.2021 21:10 vrybascos

Western Energy makes quarterly deposits into an account reserved for purchasing new equipment two years from now. The interest paid on the deposits is 12% per year, compounded monthly. Identify the interest period, compounding period, and compounding frequency in the interest period. a. The interest period is .
b. The compounding period is .
c. The compounding frequency is .

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