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cheesyboots cheesyboots
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A month ago
A dollar received today is worth

▸ less than a dollar received in the future discounted at 12% interest.

▸ more than a dollar received at any time in the future.

▸ a dollar times the future value interest rate.

▸ less than a dollar received in the future if the current interest rate is lower than the anticipated future interest rate.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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KP20131KP20131
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A month ago
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more than a dollar received at any time in the future.
1

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cheesyboots Author
wrote...

A month ago
This helped my grade so much Perfect
aznzergs
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Lawson1981
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2 hours ago
this is exactly what I needed
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