To calculate compound interest the interest rate should be multiplied by the principal amount only True False

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To calculate compound interest the interest rate should be multiplied by the principal amount only

True False

An annuity can be used when the cash flows are equal but not consecutive

True False

If the interest is compounded more than once a year, then the formula for the future value or the present value must be altered by dividing i and multiplying n with m

True False

There is no relationship between the process of discounting and compounding

True False

An investment that earns compound interests will grow overtime

True False

Related Book For answer-question

Bond Markets Analysis and Strategies

ISBN: 978-0133796773

9th edition

Authors: Frank J.Fabozzi

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Posted Date: Jul 01, 2020 08:00 PM

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To calculate compound interest the interest rate should be multiplied by the principal amount only True False

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False To calculate compound intrest more calculation are required False ... View the full answer

Bond Markets Analysis and Strategies

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