Question 1148309
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Suppose a {{{highlight(cross(principle))}}} <U>principal</U> amount of $1,305 {{{highlight(cross(were))}}} <U>was</U> invested at an annual rate of 4.3% compounded monthly for 9 years. 
How many compounding periods would this be?
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12*9 = 108  compounding periods.


9 years, 12 compounding periods each year.