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Multiple Choice Question Assuming the interest rate offered for a 1 0 - year investment plan is same as for a 4 - year investment

Multiple Choice Question

Assuming the interest rate offered for a

10 -

year investment plan is same as for a

4 -

year investment plan. For an investor to achieve the same future values

which of these two plans would require a smaller savings amount to be deposited today?

10 -

year investment

4 -

year investment

There is no difference in the required deposit.

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