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Assume That X Represents a Sum of Money That Bill

Question 150

Multiple Choice

Assume that X represents a sum of money that Bill has available to invest in a project that will yield a return of r.In the formula Y = X(1 + r) ,Y represents the


A) future value of X in one period.
B) future value interest factor associated with r.
C) present value of X.
D) present value interest factor associated with r.

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