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The Value of an Investment Paying 4% Compounded Quarterly Will

Question 2

Multiple Choice

The value of an investment paying 4% compounded quarterly will have a value at the end of one year equal to


A) an investment paying 4% compounded annually at the end of 4 years.
B) an investment paying 1% compounded annually at the end of 4 years.
C) an investment paying 2% compounded semi- annually at the end of 1 year.
D) an investment paying 16% compounded annually at the end of 1 year.

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