Disregarding risk, if money has time value, it is impossible for the present value of a given sum to exceed its future value.
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Q6: The greater the number of compounding periods
Q7: If a bank compounds savings accounts quarterly,
Q8: A time line is meaningful even if
Q9: If a bank compounds savings accounts quarterly,
Q10: Starting to invest early for retirement increases
Q12: Some of the cash flows shown on
Q13: If the discount (or interest)rate is positive,
Q14: A time line is not meaningful unless
Q15: Time lines can be constructed in situations
Q16: Time lines cannot be constructed for annuities
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