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Which of the following statements is FALSE? Question content area bottom Part 1 A . Perpetuities pay an equal payment forever. B . A dollar
Which of the following statements is FALSE?
Question content area bottom
Part
A
Perpetuities pay an equal payment forever.
B
A dollar received one year from now will be worth more than a dollar received two years from now.
C
Compounding essentially means earning interest on interest on an initial balance.
D
A dollar received one year from now will be worth more than a dollar received today.
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