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T or F? 1.As compounding frequency decreases, present value increases. 2. If we assume a positive interest rate, Ordinary annuity Future value will always be
T or F?
1.As compounding frequency decreases, present value increases.
2. If we assume a positive interest rate, Ordinary annuity Future value will always be greater than that of Annuity due.
3. Interest rate (I/Y) and investment period (N) have inverse relationship when other things are fixed.
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