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    Exam 5: The Time Value of Money
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    The Present Value Factor 1 / (1 + I)<sup>n</sup> Is
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The Present Value Factor 1 / (1 + I)n Is

Question 64

Question 64

True/False

The present value factor 1 / (1 + i)n is the reciprocal of the future value factor (1 + i)n.

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