Question: is this correct, and can someone explain why? Question 2 5 pts When calculating Future Value of a series of payments, using beginning-of-period payments (type

is this correct, and can someone explain why?

Question 2 5 pts When calculating Future Value of a series of payments, using beginning-of-period payments (type = 1) instead of end-of-period payments (type = 0) will yield a higher absolute number. O True False

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