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6 years ago
Compounding refers to
A) the calculation of interest rates after the compounding effect of taxes has been allowed for.
B) the paying back of both interest and principal during the life of a fixed-payment loan.
C) the process of earning interest on both the interest and the principal of an investment.
D) the increased value of an investment that arises from the payment of periodic interest.
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Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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emoji Author
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6 years ago
Correct Slight Smile TY
jamesbove
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Yesterday
You make an excellent tutor!
linlinlin
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2 hours ago
Smart ... Thanks!
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