The Greater the Number of Compounding Periods Within a Year

question 93

True/False

The greater the number of compounding periods within a year, then (1) the greater the future value of a lump sum investment at Time 0 and (2) the greater the present value of a given lump sum to be received at some future date.

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Definitions:

ICD-9-CM

The International Classification of Diseases, Ninth Revision, Clinical Modification; a system used in the United States for coding and classifying mortality and morbidity data until its replacement by ICD-10-CM.

ICD-10-CM

The International Classification of Diseases, Tenth Revision, Clinical Modification; a coding system used to classify and code all diagnoses, symptoms, and procedures.

Total Of 3-5 Characters

A count or limit specifying that only between three to five characters are considered or required.

ICD-9-CM

International Classification of Diseases, Ninth Revision, Clinical Modification; a system used in the United States for classifying diagnoses and procedures associated with hospital utilization.