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If you invest $1,000 in each of two investments; Security A and Security B. If Security A earns an effective annual rate of 5%, and

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If you invest $1,000 in each of two investments; Security A and Security B. If Security A earns an effective annual rate of 5%, and Security B has an effective annual rate of 12%. Assuming annual compounding, after 11 years the compounded value of Security B should be more than twice the compounded value of Security A. True False

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