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ind the future values of the following ordinary annuities. $ $ 10 years. Why does this occur? -Select- The nominal deposits into the annuity in
ind the future values of the following ordinary annuities. $ $ 10 years. Why does this occur? -Select- The nominal deposits into the annuity in part (b) are greater than the nominal deposits into the annuity in part (a). The annuity in part (a) is compounded less frequently; therefore, more interest is earned on interest. The annuity in part (a) is compounded more frequently; therefore, more interest is earned on interest. The annuity in part (b) is compounded less frequently; therefore, more interest is earned on interest. The annuity in part (b) is compounded more frequently; therefore, more interest is earned on interest
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