1. The future value of an investment that pays interest will always be: ...
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Accounting
1. The future value of an investment that pays interest will always be:
A.equal to the interest rate.
B.equal to the investment.
C.greater than the investment.
D. less than the investment.
2. The process of determining the present value of a sum of money is called discounting because the present value of a sum of money is more than the future value of a sum of money.
True or False
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