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Which permits faster growth in a future value? I. Longer investment period. II. More frequent compounding. III. Simple rather than compound interest. IV. A higher
Which permits faster growth in a future value?
I. Longer investment period.
II. More frequent compounding.
III. Simple rather than compound interest.
IV. A higher present value.
V. End of the period rather than the beginning of period savings.
a) I, III and V
b)I only
c)I, II and IV
d) II, IV and V
e) III, IV and V
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