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    Financial Management Principles and Applications Study Set 2
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    Exam 5: Time Value of Money-The Basics
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    The Future Value of a Lump Sum Deposited Today Increases
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The Future Value of a Lump Sum Deposited Today Increases

Question 26

Question 26

True/False

The future value of a lump sum deposited today increases as the number of years of compounding at a positive rate of interest declines.

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