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With regard to a return on an investment, which of the following statements is false? The rate of return can be calculated with the formula,

With regard to a return on an investment, which of the following statements is false?

The rate of return can be calculated with the formula, FV=PVt/(1+t)r

Rate of return calculations determine the rate of change between two amounts of money.

Rate of return calculations include the element of time.

Rate of return is useful to compare investment opportunities.

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