4 , 2 points A sum of money put away for retirement will grow faster if the compounding period is monthly instead of annually unable to determine the compounding period is annually instead of monthly the interest rate is locked for the entire time period

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4 , 2 points A sum of money put away for retirement will grow faster if the compounding period is monthly instead of annually unable

$4, 2$ points

A sum of money put away for retirement will grow faster if

the compounding period is monthly instead of annually

unable to determine

the compounding period is annually instead of monthly

the interest rate is locked for the entire time period

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