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All else equal, if you expect to receive a certain amount in the future, say, $800 in five (5) years, the present value of that

All else equal, if you expect to receive a certain amount in the future, say, $800 in five (5) years, the present value of that future amount will be highest if the interest earned on such investments is compounded

a) Annually

b) Quarterly

c) Monthly

d) Weekly

e) Daily

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