solved : Discuss how non-annual compounding (more than one compoundin

  

Discuss how non-annual compounding (more than one compounding…Discuss how non-annual compounding (more than one compounding period per year) is preferable to annual compounding if you are aninvestor.Ifyouweregiventhechoiceofborrowingataninterestrateof10%p.a.simpleinterest,or9.2%p.a. compounded monthly, which should you choose? Why?Accounting Business Financial Accounting BANK 2007

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