Which of the Following Is NOT True About Compound Interest

question 39

Multiple Choice

Which of the following is NOT true about compound interest

• A)As the number of compoundings increases the annual effective interest rate increases
• B)As the number of compoundings increases the incremental amount of interest
• Increases
• C)As the number of compoundings increases the total amount of interest increases
• D)As the number of compoundings increases the interest rate remains the same

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Mixtures of coffee beans from different origins or varieties combined to create unique flavors and aromatic profiles.

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