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August 20, 2014

Homework Help: Finance

Posted by Nancy on Wednesday, April 20, 2011 at 1:27am.

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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