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The process for converting present values into future values is called . This process requires knowledge of the values of three of four time -
The process for converting present values into future values is called
This process requires knowledge of the values of three of
four timevalueofmoney variables. Which of the following is not one
les?
The present value PV of the amount invested
The interest rate I that could be earned by invested funds
The inflation rate indicating the change in average prices
The duration of the investment N
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