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12. The time value at mane}.r suggests a. that the present is less attractive than the future h. individuals. prefer a dellar in the present

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12. The time value at mane}.r suggests a. that the present is less attractive than the future h. individuals. prefer a dellar in the present te a dullar in the future e. the present value at an annuitv is negative ii annuities are worth less than lump sums

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