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    Exam 7: Accounting and the Time Value of Money
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    For Any Discount Rate,the Future Value of an Annuity Due
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For Any Discount Rate,the Future Value of an Annuity Due

Question 24

Question 24

True/False

For any discount rate,the future value of an annuity due factor for n periods is equal to the future value of an ordinary annuity factor for n - 1 periods plus 1.

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