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liraira [26]
3 years ago
5

With compound interest, what happens when you start compounding more and more frequently?

Mathematics
1 answer:
tiny-mole [99]3 years ago
5 0

Answer:

The further compounding cycles in a given year, the greater the effect on the valuation of potential investment. Therefore, the more interest-posting dates, irrespective of the interest rate, the more compounding raises the account balance.

Step-by-step explanation:

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