In order to find the fvif for a given amount of money that, Ask an Expert

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In order to find the (FVIF) for a given amount of money that is compounded quarterly,

a) the intrest rate must be devided by 4

b) the intrest rate must be multiplied by 4

c) The number of compounding years must be divided by 4

d) the number of compounding years must be multiplied by 4

e) both a and d are required

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92167103

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