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    Financial Accounting Study Set 28
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    Exam 14: Understanding Investments and Acquisitions in Accounting
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    In Computing the Present Value of an Annuity, It Is
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In Computing the Present Value of an Annuity, It Is

Question 80

Question 80

True/False

In computing the present value of an annuity, it is necessary to know only the discount rate and the amount of the periodic receipts or payments.

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