The higher the number of periods the lower the future value


1. (TRUE or FALSE?) Other things being equal, the less frequently interest is compounded, the more interest the investment will earn.

2. (TRUE or FALSE?) The higher the number of periods, the lower the future value.

3. (TRUE or FALSE?) Annuities due is the payments are made/received at the beginning of the period.

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Risk Management: The higher the number of periods the lower the future value
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