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  3. Study Set
    Managerial Accounting for Undergraduates
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    Exam 15: Appendix: Accounting and the Time Value of Money
  5. Question
    If an Investment Is Made That Pays 8% Annual Interest
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If an Investment Is Made That Pays 8% Annual Interest

Question 8

Question 8

True/False

If an investment is made that pays 8% annual interest for a 5-year period with quarterly compounding, the number of periods is 60.

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