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46. For most tax payers, their average tax rate is lower than their marginal tax rate. True or False 48. The more compounding periods per

46. For most tax payers, their average tax rate is lower than their marginal tax rate. True or False

48. The more compounding periods per year decreases the total amount of interest you receive over the year. True of False

50. An investment earning twelve percent per year should double in value in approximately four years. True or False.

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