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    Exam 13: Appendix : Compound Interest and the Time-Value of Money
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    If an Investment Is Made That Pays 6% Annual Interest
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If an Investment Is Made That Pays 6% Annual Interest

Question 6

Question 6

True/False

If an investment is made that pays 6% annual interest for a 4-year period with quarterly compounding, the number of periods is 36.

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