You are investing a principal of $ 20000 today for 3 years at a yearly interest rate

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You are investing a principal of $ 20000 today for 3 years at a yearly interest rate of 5% compounded quarterly. Which of these changes would increase the future value of your investment?

a. Compounding interest yearly instead of quarterly

b. Compounding interest semi-annually instead of quarterly

c. Investing $ 15000 instead of $ 20000

d. None of these changes e. Investing for 4 years instead of 3 years

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Oct 31, 2023 06:18 AM

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You are investing a principal of $ 20000 today for 3 years at a yearly interest rate

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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