The More Frequently Interest Is Compounded

question 88

Multiple Choice

The more frequently interest is compounded,

• A)the higher your effective yield.
• B)the lower your effective yield.
• C)your effective yield stays the same.
• D)there is no relationship between effective yield and compounding.

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Definitions:

Hormone

Chemical messengers produced by glands in the body that regulate physiological processes and behavior.

Growth Hormone

A hormone that stimulates growth, cell reproduction, and cell regeneration in humans and other animals.

Biguanides

A class of medications primarily used to lower blood sugar levels in patients with type 2 diabetes; also found in disinfectants and antiseptics.