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14. Which of the following statements is true? A) Regardless of the value of the interest rate, increasing the compounding
frequency will decrease the future value. B) Regardless of the value of the interest rate, increasing the compounding
frequency will increase the future value. C) There is a relationship between the future value of investment and the effect
of compounding frequency. At high interest rates, increases in compounding
frequency will decrease the future value. D) There is a relationship between the future value of investment and the effect
of compounding frequency. At low interest rates, increases in compounding
frequency will decrease the future value. E) None of the above.

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