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    Fundamental Accounting Principles Study Set 1
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    Exam 26: Present and Future Values in Accounting
  5. Question
    The Future Value of an Ordinary Annuity Is the Accumulated
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The Future Value of an Ordinary Annuity Is the Accumulated

Question 80

Question 80

True/False

The future value of an ordinary annuity is the accumulated value of each annuity payment excluding interest as of the date of the final payment.

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