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  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 26: Time Value of Money B
  5. Question
    The Future Value of an Ordinary Annuity Is the Accumulated
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The Future Value of an Ordinary Annuity Is the Accumulated

Question 25

Question 25

True/False

The future value of an ordinary annuity is the accumulated value of each annuity payment
with interest one period after the date of the final payment.

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