Multiple Choice
Which of the following statements about compound frequency is not true?
A) Compounding frequency can only be annual, semi-annual or quarterly.
B) The higher the compound frequency, the higher the future value will be.
C) The relative increase in value from increasing compounding frequency seems to diminish with increasing frequencies.
D) None of the above are untrue statements.
Correct Answer:

Verified
Correct Answer:
Verified
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