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Which of the following statements about compound frequency is not true? Multiple Choice None of these choices are untrue statements. The higher the compound frequency,

Which of the following statements about compound frequency is not true?

Multiple Choice

None of these choices are untrue statements.

The higher the compound frequency, the higher the future value will be

.

Compounding frequency can only be annual, semi

-

annual or quarterly.

The relative increase in value from increasing compounding frequency seems to diminish with increasing frequencies.

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