Question: TRUE/FALSE - Write ' T ' if the statement is true and ' F ' if the statement is false. 1) p> The interest factor

TRUE/FALSE - Write ' T ' if the statement is true and ' F ' if the statement is false. 1) p> The interest factor for the future value of a single sum is equal to (1+n)i,

1) true false 2) p> The interest factor for a future value (FVBF)isequalto(1+i)n 2) true false 3) p> The formula PV=FV(1+n) will determine the present value of $1.

3) true false 4) Present value is the opposite of the future value. 4) true false

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