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    Foundations of Financial Management Study Set 4
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    Exam 9: The Time Value of Money
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    Discounted at 10%, $1,000 Received at the End of Each
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Discounted at 10%, $1,000 Received at the End of Each

Question 97

Question 97

True/False

Discounted at 10%, $1,000 received at the end of each year for three years is worth less than $2,700 received today.

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