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The number of compounding periods can greatly affect the amountof interest (as a percent o

The number of compounding periods can greatly affect the amountof interest (as a percent o

The number of compounding periods can greatly affect the amountof interest (as a percent or in real value) paid when consideringloans. The compounding frequency can also affect investmentsthrough which we earn interest. How is this? Also, how do we adjustthe TVM formula to account for compounding periods?

Abhinav 02-Dec-2019

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