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Which of the following end-of-period payments will provide the largest future value to an investor over a specified term at the same (positive) interest rate
Which of the following end-of-period payments will provide the largest future value to an investor over a specified term at the same (positive) interest rate and compounding frequency?
- $150 payments monthly
- $450 payments quarterly
- $900 payments semi-annually
- $1800 payments annually
- All of the above will result in the same future value
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