Question: TRUE or FALSE: One can find the future value at the end of year t of an amount deposited today by multiplying the amount deposited

TRUE or FALSE:

One can find the future value at the end of year t of an amount deposited today by multiplying the amount deposited today by an appropriate discount factor

(

.

.,

(1 +

)

),

where r is the interest rate

(

expressed as a decimal

)

and t is the number of time periods.

.

True

.

False

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