Question
What effect does compounding interest more frequently, than annually have on its future value and the effective annual rate (EAR)?
What effect does compounding interest more frequently, than annually have on its future value and the effective annual rate (EAR)?
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Intermediate Accounting 2014 FASB Update
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
15th edition
978-1118938782, 111893878X, 978-1118985311, 1118985311, 978-1118562185, 1118562186, 978-1118147290
