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Business, 04.04.2020 05:31 Roninsongrant

4. WILL THE FUTURE VALUE BE LARGER OR SMALLER IF WE COMPOUND AN INITIAL AMOUNT MORE OFTEN THAN ANNUALLY, FOR EXAMPLE, EVERY 6 MONTHS, OR SEMIANNUALLY, HOLDING THE STATED INTEREST RATE CONSTANT? WHY? Also for the money to grow to such amounts what is the critical assumption regarding growth rates?

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4. WILL THE FUTURE VALUE BE LARGER OR SMALLER IF WE COMPOUND AN INITIAL AMOUNT MORE OFTEN THAN ANNUA...
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