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Which Factor Would Be Greater - the Present Value of $1

Question 83

Multiple Choice

Which factor would be greater - the present value of $1 for 10 periods at 8% per period or the future value of $1 for 10 periods at 8% per period?


A) Present value of $1 for 10 periods at 8% per period.
B) Future value of $1 for 10 periods at 8% per period.
C) The factors are the same.
D) Need more information.

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