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Why does money have a time value? What is discounting and how is it related to compounding? How is the future value equation related to
Why does money have a time value? What is discounting and how is it related to compounding? How is the future value equation related to the present value equation? What if there are multiple compounding periods per year? How does that affect the present value or future value?
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen and Peter Brewer
14th edition
978-007811100, 78111005, 978-0078111006
