The present value of a future amount is the value of a present lump-sum deposit after earning
Question:
The present value of a future amount is the value of a present lump-sum deposit after earning interest over a period of time.
a. True
b. False
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Related Book For
Fundamentals Of Financial Planning
ISBN: 9781936602094
3rd Edition
Authors: Michael A Dalton, Joseph Gillice
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