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a. When would we use present value calculations? When would we use future value calculations? Which is more likely to be used in accounting? Why?

a. When would we use present value calculations? When would we use future value calculations? Which is more likely to be used in accounting? Why? b. What impact do interest rates have on the calculation of future and present value? How does the length of time affect future and present value? How do these two factors correlate

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