Mathematics, 26.05.2021 21:50 helpmelol37
When changing the compounding period on an investment, which statement is true?
A. More frequent compounding results in a greater amount of interest.
B. More frequent compounding results in the same amount of interest.
C. More frequent compounding results in a lesser amount of interest.
D. More frequent compounding changes both the principal and amount, so there is no
consistent result.
Answers: 1
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When changing the compounding period on an investment, which statement is true?
A. More frequent co...
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