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    Managerial Accounting Study Set 13
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    Exam 31: The Concept of Present Value
  5. Question
    The Present Value of a Given Sum to Be Received
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The Present Value of a Given Sum to Be Received

Question 7

Question 7

True/False

The present value of a given sum to be received in five years is exactly twice as large as the present value of an equal sum to be received in ten years.

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