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a)When interest is added to your initial deposit and you begin to earn interest on interest, this is known as: -Time value of money. -Compound

a)When interest is added to your initial deposit and you begin to earn interest on interest, this is known as:

-Time value of money.

-Compound interest.

-Future value of money.

-Annual rate of return.

b)A company is evaluating a project that has a net present value of $0 when a discount rate of 10% is used. If a discount rate of 8% is used, it will result in:

-The question cannot be answered based upon the information provided.

-a negative net present value.

-a net present value of $0.

-a positive net present value.

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