If compounding changes from quarterly to weekly for a $100 investment earning 8 percent per annum, the
Question:
If compounding changes from quarterly to weekly for a $100 investment earning 8 percent per annum, the future value at the end of 5 years will (select from the answers below)
a. Increase.
b. Decrease.
c. Stay the same.
d. Cannot tell from the information given
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Related Book For
Financial Management For Public, Health, And Not-for-Profit Organizations
ISBN: 9781506396811
6th Edition
Authors: Steven A. FinklerDaniel L. Smith, Thad D. Calabrese
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