What general rule can be developed concerning maximum values and compounding intervals within a year? What is

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What general rule can be developed concerning maximum values and compounding intervals within a year? What is an equivalent annual yield?

Compounding
Compounding is the process in which an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time. This growth, calculated using exponential functions, occurs because the investment will...
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Real Estate Finance and Investments

ISBN: 978-0073377339

14th edition

Authors: William Brueggeman, Jeffrey Fisher

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