Question: please help with these 3 questions! Question 11 (2 points) Given the same dollar amount at time zero for the same amount of time, if
Question 11 (2 points) Given the same dollar amount at time zero for the same amount of time, if interest is greater than zero compounding monthly will result in a larger future value than compounding quarterly. 1) True 2) False Question 12 (2 points) The interest factor for the future value of a single sum is equal to (1+n)i. 1) True 2) False Question 13 (2 points) Simple interest is where any interest earned is added back to the principal amount invested to earn interest on interest. 1) True 2) False
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