Question: In future value or present value problems, unless stated otherwise, cash flows are assumed to be: At the end of a time period. At the

In future value or present value problems, unless stated otherwise, cash flows are assumed to be:

  1. At the end of a time period.

  2. At the beginning of a time period.

  3. In the middle of a time period.

  4. Spread out evenly over a time period.

  5. Spread out unevenly over a time period

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