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July 30, 2014

Homework Help: college

Posted by Jen on Tuesday, May 18, 2010 at 12:21pm.

Why is time such an important factor in financial matters? How does the frequency of interest compounding, regardless of the rate of interest or period of accumulation, affect the future value of any given amount? Explain your answer. How might you use the principles of the time value of money to your financial benefit?

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