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Question 1 of 25
4.0 / 4.0 Points
The concept of compound interest is most appropriately described as :
A . Interest earned on an investment
B . The total amount of interest earned over the life of an investment
C . Interest earned on interest
Question 2 of 25
4.0 / 4.0 Points
Which of the following investment rules does not use the time value of the money concept ?
A . Net present value
B . Internal rate of return
C . The payback period
D . All of the above use the time value concept