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  3. Study Set
    Financial Management Principles and Applications
  4. Exam
    Exam 5: Time Value of Money-The Basics
  5. Question
    The Present Value of the Future Sum of Money Is
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The Present Value of the Future Sum of Money Is

Question 7

Question 7

True/False

The present value of the future sum of money is inversely related to both the number of years until payment is received and the opportunity rate.

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