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    Intermediate Accounting Study Set 9
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    Exam 6: Accounting and the Time Value of Money
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    The Future Value of an Annuity Due Factor Is Found
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The Future Value of an Annuity Due Factor Is Found

Question 96

Question 96

True/False

The future value of an annuity due factor is found by multiplying the future value of an ordinary annuity factor by 1 minus the interest rate.

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