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more frequent compounding ---> _____ interest ---> start with less (_____PV) to reach a specified Amount less frequent compounding ---> ______ interest ---> start with
more frequent compounding ---> _____ interest ---> start with less (_____PV) to reach a specified Amount less frequent compounding ---> ______ interest ---> start with more (______ PV) to reach a specified Amount When compounding occurs more frequently than annually, BOTH ____ and _____ have to be adjusted
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