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1. What is compounding? What is discounting? 2. As you increase the length of time involved, what happens to future values? What happens to present
1. What is compounding? What is discounting? 2. As you increase the length of time involved, what happens to future values? What happens to present value? 3. What happens to a future value if you increase the rate r? What happens to a present value? 4. If you were negotiating a contract, would you want a big signing bonus payable immediately, and smaller payments in the future, or vice versa
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