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Question 1 1 pts Compound interest means that interest is calculated on the principal and accrued interest O principal amount invested/borrowed O accrued interest on

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Question 1 1 pts Compound interest means that interest is calculated on the principal and accrued interest O principal amount invested/borrowed O accrued interest on the principal 1 pts D Question 2 The present value (PV) of a given amount of money sitting five years in future will be more at 8% discount rate than at 10%. (no computation necessary). True False

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