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    Financial and Managerial Accounting Study Set 8
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    Exam 27: the Time Value of Money: Future Amounts and Present Values
  5. Question
    Compounding Interest Assumes the Interest on an Investment Is Reinvested
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Compounding Interest Assumes the Interest on an Investment Is Reinvested

Question 41

Question 41

True/False

Compounding interest assumes the interest on an investment is reinvested.

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