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Earn +20 ptsQ: Why the proses of discounting and compounding are related?
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Continue Learning about Math & Arithmetic
What is the inverse of compounding interest?
discounting..ie....1/(1+r)^n
Are the terms off-price and discounting interchangeable?
Are the terms off-price and discounting interchangeable? Explain.
What is the synonym for multiplication?
compounding, repetition, reproduction, recurrence, repeating,
What is the process of earning interest on interest that you've already earned?
compounding
What is the effective rate for a nominal rate of 8 with semiannual compounding?
It is 8.16%
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