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    Managerial Accounting Study Set 15
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    Exam 11: The Concept of Present Value
  5. Question
    The Present Value of an Amount to Be Received in Five
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The Present Value of an Amount to Be Received in Five

Question 11

Question 11

True/False

The present value of an amount to be received in five years is greater than the present value of the same amount to be received in ten years.

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