When compounding occurs annually and the investment lasts, Ask an Expert

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When compounding occurs annually and the investment lasts longer than one year, compound interest:

a. will always provide higher earnings than simple interest

b. will always yield a higher future value than simple interest

c. is always preferable to simple interest

d. all of the above

e. none of the above

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91787476

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