Question: The simple interest rate method (for the same amount and time as the compounding interest rate method): a. usually gives the higher present value than

The simple interest rate method (for the same amount and time as the compounding interest rate method):

a. usually gives the higher present value than the compounding interest rate method (only in some cases it is in the other way)

b. always gives the lower present value than the compounding interest rate method.

c. always gives the higher present value than the compounding interest rate method.

d. can not be compared with the compounding interest rate method results.

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