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Which of the following are correct? Discounting is the opposite of compounding and is the process of calculating a future value given a present value
Which of the following are correct?
Discounting is the opposite of compounding and is the process of calculating a future value given a present value
As compounding frequency increases, the future value of a sum increases
All of the above are correct
Cash flows with ordinary annuities occur at the beginning of each period
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