Question
If the interest rate is positive, then the future value of multiple cash flows is: a) greater than the sum of the cash flows. b)
If the interest rate is positive, then the future value of multiple cash flows is:
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| a) greater than the sum of the cash flows. |
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| b) equal to the sum of the cash flows. |
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| c)less than the sum of the cash flows. |
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| d) higher or lower than the sum of the cash flows depending on the interest rate. |
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