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Cindy invested $7000 three years ago. She earns 4 percent annual interest and has never withdrawn any interest earnings from her account. The amount of interest she earns each year increases due to Multiple Choice 133 oggregating accumulating compounding
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since the interest was not repaid and it is added to the principal to every year beginning.so,the interest will be payable on the renewed priciple 2.cash flows of a console resemble of an perpetuity British govt issues some type of bonds the subscriber of the bonds will receive a fixed payment for years in perpetuity.

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