The net present value of $10,000 to be received in exactly three years is considerably greater than $10,000.

Name: The net present value of $10,000 to be received in exactly three years is considerably greater than $10,000.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The net present value of $10,000 to be received in the future is always less than $10,000 due to the effects of inflation and the time value of money. Therefore, the statement is false.

The Net Present Value of $10,000 to Be Received in Exactly