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Which one of the following compounding periods will yield the smallest present value given a stated future value and positive annual percentage rate? O daily
Which one of the following compounding periods will yield the smallest present value given a stated future value and positive annual percentage rate? O daily O monthly O semi-annual O annual O Continuous QUESTION 11 Which of the following banks would you chose to borrow from? A bank charging 6% compounded quarterly A bank charging 69 with continuous compoundiong A bank charging 6% compounded monthly A bank charging 6% compounded annually A bank charging 6% compounded daily QUESTION 12 Holding all other variables constant and assuming positive interest rates. What happens to the future value when the number of compounding periods per year increases? Future value increases O Future value will remain the same Future value decreases Future value may decrease or may stay the same O Future value may increase or may stay the same
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