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Question 46 (1 point) Annuity is lump sum amount that is paid at once only. True False Question 47 (1 point) Time value of money

Question 46 (1 point) Annuity is lump sum amount that is paid at once only. True False Question 47 (1 point) Time value of money is the fact that money can be invested to earn income over time. A sum of money in the hand has greater value than the same sum to be paid in the future. True False

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