
Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Question
7
Select one:
a. for one end-of-year receipt of $1200 than for twelve monthly receipts of $100 each.
b. for a 4% discount rate than for a 6% discount rate.
c. if the future value of a cash flow is smaller.
d. All of the above are true.
e. as a fixed set of cash receipts occurs later rather than earlier
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