Question
The present value of a given amount increases as the number of years over which it is to be discounted ____________. The present value of
The present value of a given amount increases as the number of years over which it is to be discounted ____________.
The present value of a cash flow will _________ be less than the future dollar amount of the cash flow.(as long as there is a discount rate greater than zero)
Computing the present value of future dollars is known as_____________
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Financial Accounting A User Perspective
Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry
6th Canadian Edition
470676604, 978-0470676608
