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    Practical Financial Management Study Set 1
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    Exam 6: Time Value of Money
  5. Question
    A Sum of Money Promised You at a Time in the Future
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A Sum of Money Promised You at a Time in the Future

Question 139

Question 139

True/False

A sum of money promised you at a time in the future is worth only as much as you would have to put in a bank today to have that sum available at that point in time.

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