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Given the following two examples: the present value of $ 1 for 1 0 periods at 8 % per period, and the future value of
Given the following two examples: the present value of $ for periods at per period, and the future value of $ for periods at
per period, which of the following statements would be true?
The present value of $ for periods at per period would result in the greater value.
More information is needed.
The future value of $ for periods at per period would result in the greater value.
Both of the factors are the same.
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