The More Frequent the Compounding,the Higher the Future Value,other Things

question 46

True/False

The more frequent the compounding,the higher the future value,other things equal.

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Definitions:

Accountability

The obligation of an individual or organization to account for its activities, accept responsibility for them, and disclose the results in a transparent manner.

Answerability

The quality or state of being responsible, especially to explain or justify one's actions to someone who has the right to ask for such explanations.

Liability

Legal responsibility for one's actions or the obligation to compensate for harm caused to others, enforceable by civil legal processes.

Authenticity

The quality of being genuine, true, or accurate, not counterfeit or copied.