The unknown present value is always a larger amount than the known future value because dollars received

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The unknown present value is always a larger amount than the known future value because dollars received currently are worth more than dollars to be received in the future. Why is it false?

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Organic Chemistry

ISBN: 9788120307209

6th edition

Authors: Beverly Bell, Christopher Gunter

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Posted Date: Oct 01, 2020 12:01 AM

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The unknown present value is always a larger amount than the known future value because dollars received

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The statement is false because the value of present value of dollar received today is ... View the full answer

Organic Chemistry

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