Question: The future value of a $ 1 annuity compounded at 5 percent annually is greater than the future value of a $ 1 annuity compounded

The future value of a $1 annuity compounded at 5 percent annually is greater than the future value of a $1 annuity compounded at 5 percent semiannually.
The future value of a $1 annuity compounded at 5 percent

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