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4. An amount is deposited for seven years at 12%. If compounding occurs monthly, then the time value of money variables would beA. 12% for

4. An amount is deposited for seven years at 12%. If compounding occurs monthly, then the time value of money variables would beA. 12% for 84 periodsB. 4% for eleven periodsC. 4% for 28 periodsD. 1% for 84 periods

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