When you compound an initial lump sum annually instead of, Financial Management

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When you compound an initial lump sum annually instead of

When you compound an initial lump sum annually instead of monthly at the same nominal interest rate over the same three year period, what will happen to the future value? Same question in other words: what happens to the future value if you compound less frequently?

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Financial Management: When you compound an initial lump sum annually instead of

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Financial Management: When you compound an initial lump sum annually instead of

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