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  3. Study Set
    Foundations of Financial Management Study Set 4
  4. Exam
    Exam 9: The Time Value of Money
  5. Question
    To Determine the Current Worth of Four Annual Payments of $1,000
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To Determine the Current Worth of Four Annual Payments of $1,000

Question 36

Question 36

True/False

To determine the current worth of four annual payments of $1,000 at 4% annual interest, one would refer to a time value of money table for the present value of $1.

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