An investment computed at compound interest is always a better option than an investment computed at simple interest. A. True B. False

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 16MC: When using the NPV method for a particular investment decision, if the present value of all cash...
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An investment computed at compound interest is always a better option than an investment computed at simple interest.

A. True

B. False

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