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Begin with a single sum of money at period 0. First, calculate a future value of that sum at 12.01%. Then discount that future value

Begin with a single sum of money at period 0. First, calculate a future value of that sum at 12.01%. Then discount that future value back to period 0 at 11.99%. In relation to the initial single sum, the discounted future value:

(A) Is greater than the original amount

(B) Is less than the original amount

(C) Is the same as the original amount

(D) Cannot be determined with the information given

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