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Which of the following is not a basic component of any compounding problem? (A) An initial deposit (B) An interest rate (C) A period of time (D) A net present value

Which of the following is not a basic component of any compounding problem? (A) An initial deposit (B) An interest rate (C) A period of time (D) A net present value
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Which of the following is not a basic component of any compounding problem?

(A) An initial deposit
(B) An interest rate
(C) A period of time
(D) A net present value

User Keniajin
by
8.0k points

1 Answer

4 votes
C) A period of time is your correct answer
User Martin Thiede
by
7.9k points
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