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Which of the following statements is true? a . Discounting is measuring the future value of some amount in today s dollars. b . Compounding
Which of the following statements is true?
a Discounting is measuring the future value of some amount in todays dollars.
b Compounding is measuring the present value of some amount received in the future.
c Discounting is the process used to calculate the present value.
d Both A and B
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