The More Frequent the Rate of Compounding,the More Interest That

question 20

True/False

The more frequent the rate of compounding,the more interest that is earned on previous interest,resulting in a higher future value.

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Definitions:

Marketable

Describes a product, service, or skill that has sufficient demand, making it capable of being sold or traded in a market.

Brides

Women who are about to be married or have just been married.

Conversational

Pertaining to or characteristic of informal spoken exchange of thoughts, opinions, or information between two or more people.

Urdu

Urdu is a Persianised and standardised register of the Hindustani language spoken primarily in Pakistan and India.