Question
If interest is compounded semi-annually vs annually, what will happen to Future Values (FV) and Present Values (PV)? A. FV and PV will both be
If interest is compounded semi-annually vs annually, what will happen to Future Values (FV) and Present Values (PV)?
| A. | FV and PV will both be lower | |
| B. | FV will be higher and PV will be lower | |
| C. | FV will be lower and PV will be higher | |
| D. | FV and PV will both be higher |
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Essential Finance Guide
Authors: DK Publishing
1st Edition
078948157X, 978-0789481573
