Which of the following statements is true about the compound factor? A. The compound factor cannot be

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Which of the following statements is true about the compound factor?

A. The compound factor cannot be less than 1.

B. The compound factor decreases as the number of periods increase.

C. The compound factor increases as the interest rate increases.

D. The compound factor, FV = [(1/i)ⁿ].

Posted Date: Jun 06, 2024 05:06 PM

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Which of the following statements is true about the compound factor? A. The compound factor cannot be

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