Business, 03.07.2020 16:01 cheaterman4121
After the end of the second year and all other factors remaining equal, a future value based on compound interest will never exceed the future value based on simple interest.
a. True
b. False
The process of earning compound interest allows a depositor or investor to earn interest on any interest earned in prior periods.
a. True
b. False
Answers: 2
Business, 22.06.2019 18:00
Your subscription to investing wisely weekly is about to expire. you plan to subscribe to the magazine for the rest of your life, and you can renew it by paying $85 annually, beginning immediately, or you can get a lifetime subscription for $620, also payable immediately. assuming that you can earn 6.0% on your funds and that the annual renewal rate will remain constant, how many years must you live to make the lifetime subscription the better buy?
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What is a uniform law adopted by all states that facilitates business transactions?
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After the end of the second year and all other factors remaining equal, a future value based on comp...
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