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    Financial Accounting Study Set 31
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    Exam 14: Time Value of Money
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    Compound Interest Is the Return on Principal
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Compound Interest Is the Return on Principal

Question 17

Question 17

Multiple Choice

Compound interest is the return on principal


A) only.
B) for one or more periods.
C) plus interest for two or more periods.
D) for one period.

Correct Answer:

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