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can you explain why Answer True or False for the following three parts: (i) An annuity due beginning one year from now is equivalent to
can you explain why
Answer "True" or "False" for the following three parts: (i) An annuity due beginning one year from now is equivalent to an ordinary annuity (ii) To maximize effective rate, we can perform compounding per nanosecond. (iii) If a question spans multiple years, effective rate cannot be used in any way to calculate the percentage of returnStep by Step Solution
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