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  3. Study Set
    Principles of Managerial Finance
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    Exam 5: Time Value of Money
  5. Question
    For a Given Positive Interest Rate, the Future Value of $100
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For a Given Positive Interest Rate, the Future Value of $100

Question 165

Question 165

True/False

For a given positive interest rate, the future value of $100 increases with the passage of time. Thus, the longer the period of time, the greater the future value.

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