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  3. Study Set
    Accounting
  4. Exam
    Exam 11: Long-Term Liabilities, bonds Payable, and Classification of Liabilities on the Balance Sheet
  5. Question
    The Time Value of Money Is Based on the Concept
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The Time Value of Money Is Based on the Concept

Question 23

Question 23

True/False

The time value of money is based on the concept that money earns interest over time.

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