Multiple Choice
Which of the following statements is true concerning the future value of an investment?
A) The difference between the future and present values of an investment is the annuity.
B) The future value of an investment is expected to be larger than its present value.
C) The future value of an investment is expected to be smaller than its present value.
D) The future value of an investment is always smaller than its present value.
Correct Answer:
Verified
Correct Answer:
Verified
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