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    Practical Financial Management Study Set 1
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    Exam 6: Time Value of Money
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    The Present Value of an Annuity Is Simply the Sum
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The Present Value of an Annuity Is Simply the Sum

Question 26

Question 26

True/False

The present value of an annuity is simply the sum of the annuity's payments, traditionally made at the end of each of the time periods.

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