Which of the following statements is (are) true? 1. Starting to invest early for retirement...
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Finance
Which of the following statements is (are) true? 1. Starting to invest early for retirement increases the benefits of compound interest. II. If the discount rate is positive, the future value of an expected series of payments will always exceed the present value of the same series. III. The greater the number of compounding periods within a year, the greater the future value of a lump sum invested at Time 0. I only O ll only O ill only I and II only I, II, and Ill are all true
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