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Question 24 1 pts In our calculations involving present value or future value, the interest rate is assumed to be _______, unless told otherwise. Compounded
Question 24 1 pts In our calculations involving present value or future value, the interest rate is assumed to be _______, unless told otherwise. Compounded daily Compounded monthly Compounded annually Compounded continuously Compounded weekly Question 25 1 pts Assume you are a CFP (certified financial planner) and a client tells you about an investment that "guarantees" to double your investment in 5 years for any amount you invest. Assuming annual compounding, you advise the client this is a return of 100% 18.74% 40% 20% 14.87%
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