Question: 1.At the break-even volume, do variable costs equal fixed costs? yes or no and why? 2. When computing the equivalent value of a sum of

1.At the break-even volume, do variable costs equal fixed costs? yes or no and why?

2.When computing the equivalent value of a sum of money, should you use the Future Value formula or the Present Value formula if the focal date is before the due date?FV or PV and why?

3.What formula is used to evaluate the purchase price of a treasury bill?

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