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If the interest rate per year and the number of years involved remain the same, the total amount of interest earned on an investment will
If the interest rate per year and the number of years involved remain the same, the total amount of interest earned on an investment
will remain the same irrespective of the frequency of compounding.
True
False
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Public Finance and Public Policy
Authors: Jonathan Gruber
4th edition
1429278455, 978-1429278454
