If Interest Is Compounded Semi-Annually Rather Than Annually,then

question 57

Multiple Choice

If interest is compounded semi-annually rather than annually,then:

• A) future values and present values will both be higher.
• B) futures values and present values will both be lower.
• C) future values will be lower and present values will be higher.
• D) Future values will be higher and present values will be lower.

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