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The growth of a compounding account follows a:

AGeographic series
BGeodesic series
CGeologic series
DGeometric series
Answer & Solution
Correct answer: D. Geometric series
1. Each period multiplies the balance by the same factor. 2. That is what gives compounding its power. 3. The growth follows a geometric series. _Source: OpenStax, Contemporary Mathematics, Ch 6 'Money Management'_
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