Future value calculations consider:
A)compounding.
B)add-on interest.
C)discounting
D)simple interest.
E)an annuity.

Name: Future value calculations consider: A)compounding. B)add-on interest. C)discounting D)simple interest. E)an annuity.
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Question

Quizplus · Accepted Answer

Future value calculations consider compounding, which means that interest is earned not only on the original amount invested, but also on any accumulated interest.

Future Value Calculations Consider