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    Personal Finance Study Set 12
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    Exam 2: Tools for Financial Planning - Applying Time Value Concepts
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    The Present Value Interest Factor Is
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The Present Value Interest Factor Is

Question 15

Question 15

Multiple Choice

The present value interest factor is


A) always less than 1.0.
B) always more than 1.0.
C) always equal to 1.0.
D) always between 1.0 to 2.0.

Correct Answer:

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