Question: How does the compounding option affect the interest rate used in time value of money calculations? Select one: a . The compounding option is only

How does the compounding option affect the interest rate used in time value of money calculations?
Select one:
a. The compounding option is only an issue if compounding is on an annual basis.
b. The compounding option never affects the annual interest rate used.
c. The annual interest rate is divided by the number of compounding periods per year.
d. The annual interest rate is multiplied by the number of compounding perigds per year.
How does the compounding option affect the

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