Question: All else equal, if you expect to receive a certain amount in the future, say, $500 in ten (10) years, the present value of that
All else equal, if you expect to receive a certain amount in the future, say, $500 in ten (10) years, the present value of that future amount will be lowest if the interest earned on such investments is compounded
a) monthly
b). daily
c) annually
d) quarterly
e) weekly
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