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    Financial and Managerial Accounting Study Set 8
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    Exam 27: the Time Value of Money: Future Amounts and Present Values
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    The Present Value of an Annuity Is Calculated by Multiplying
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The Present Value of an Annuity Is Calculated by Multiplying

Question 46

Question 46

True/False

The present value of an annuity is calculated by multiplying the periodic cash flows by the discounted factor from the future value of an annuity table.

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