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True or False: Compounding always reduces the principal.

True or False: Compounding always reduces the principal.

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True or False: Compounding always reduces the principal.

True or Compounding always reduces the principal.

Answer

Hey Almetamzhungiet4lin, False.
Compounding doesn't always reduce the principal.
I hope this helps)

Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 15 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 249 views.

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