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Everything else equal, which of the following will result in the lowest present value of an amount to be received in the future? Select one:
Everything else equal, which of the following will result in the lowest present value of an amount to be received in the future?
Select one:
a. Monthly compounding of interest.
b. Simple interest.
c. Quarterly compounding of interest.
d. Annual compounding of interest.
e. Semi-annual compounding of interest.
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