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12. Given a positive rate of return and multiple time periods, compound interest: A. increases in an exponential manner. B. increases in a linear manner.
12. Given a positive rate of return and multiple time periods, compound interest: A. increases in an exponential manner. B. increases in a linear manner. C. produces the same future values as simple interest. D. provides future values that are less than those provided by simple interest. E. increases at a decreasing rate.
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