GCU FIN504 Week 3 Discussion (dq1+dq2) Latest 2021 April

Question # 00622639
Course Code : Fin504
Subject: Business
Due on: 03/25/2021
Posted On: 03/25/2021 04:16 AM
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FIN504 Finance Principle

Week 3 Discussion

DQ1 What effect does compounding interest more frequently than annually have on its future value and the effective annual rate (EAR)? Explain. How would you explain the difference between the annual percentage rate (APR) and effective annual rate (EAR) to a friend with no background in finance?

DQ2 Provide an example, with rationale, of an area in your personal life where you would like to apply time value of money concepts. What can you do to create a more financially sound future for yourself?

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GCU FIN504 Week 3 Discussion (dq1+dq2) Latest 2021 April

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