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...PREVIEW OF CHAPTER 6-2 Intermediate Accounting 16th Edition Kieso ● Weygandt ● Warfield Accounting and the Time Value of Money LEARNING OBJECTIVES After... TIME VALUE CONCEPTS Compound Interest Tables Determine the number of periods by multiplying the number of years involved by the number of compounding periods per year ILLUSTRATION 6-4 Frequency of... money, it would grow to only $9,906 with annual compounding That is, reducing the time invested by a third results in more than a 50% reduction in retirement money This example illustrates the