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Compounding is used for what purpose? Question 4Answer a. To ascertain the amount of profit and losses from investments. b. To ascertain the amount of

Compounding is used for what purpose? Question 4Answer a. To ascertain the amount of profit and losses from investments. b. To ascertain the amount of capital expenses that will be generated. c. To ascertain the amount of income sales will generate. d. To ascertain the amount of income investments will generate.

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