Multiple Choice
Which of the following statements is FALSE?
A) The process of moving a value or cash flow backward in time is known as discounting.
B) FV =
C) The process of moving a value or cash flow forward in time is known as compounding.
D) The value of a cash flow that is moved forward in time is known as its future value.
Correct Answer:

Verified
Correct Answer:
Verified
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