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Activity 8.7 Why would you see 100 to be received in a year's time as not equal in value to 100 to be paid
Activity 8.7 Why would you see 100 to be received in a year's time as not equal in value to 100 to be paid immediately? (There are basically three reasons.) The reasons are: interest lost risk effects of inflation.
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Government and Not for Profit Accounting Concepts and Practices
Authors: Michael Granof, Saleha Khumawala, Thad Calabrese, Daniel Smith
7th edition
1118983270, 978-1119175025, 111917502X, 978-1119175001, 978-1118983270
