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An increase in which of the following will increase the future value of a lump sum investment made today assuming that all interest is reinvested?

I. Interest rate

II. Amount of the lump sum

III. frequency of the interest payments

IV. length of the investment period

Select one:

I and III only

II and IV only

I, II, and IV only

II, III, IV only

I, II, III, and IV

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92758250

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