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    Foundations of Financial Management Study Set 2
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    Exam 9: The Time Value of Money
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    To Determine the Current Worth of Four Annual Payments of $1,000
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To Determine the Current Worth of Four Annual Payments of $1,000

Question 59

Question 59

True/False

To determine the current worth of four annual payments of $1,000 at 4%, one would refer to a table for the present value of $1.

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