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#21. When computing the rate of return from selling an investment, the number of years between the present and future cash flows is an important

#21. When computing the rate of return from selling an investment, the number of years between the present and future cash flows is an important factor in determining:

the annual rate earned.the annual payments required.whether the present value or the future value is a cash inflow.whether the present value or the future value is a cash outflow.

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