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    Principles of Managerial Finance
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    Exam 5: Time Value of Money
  5. Question
    When Computing the Number of Deposits Needed to Accumulate to a Future
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When Computing the Number of Deposits Needed to Accumulate to a Future

Question 77

Question 77

True/False

When computing the number of deposits needed to accumulate to a future sum, it will take longer the lower the interest rate, holding the future value and deposit size constant.

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