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Chapter 5.5, Problem 5.21RQ
Summary Introduction

To discuss: Comparison of continues compounding and annual compounding.

Introduction:

Continues compounding: Continues compounding refers; the interest will be compounded an infinite number of times per year.

Annual compounding: Annual compounding refers; the interest will be compounded annually.

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Chapter 5 Solutions

Principles of Managerial Finance, Student Value Edition Plus MyLab Finance with Pearson eText - Access Card Package (15th Edition) (Pearson Series in Finance)

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