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Which of the following statements is false? a. across a longer time period, a single cash flow grows to a larger future valueb. for a higher interest rate, a single cash flow has a smaller present valuec. if its payments last longer, an annuity has a larger present valued. for a higher interest rate, an annuity has a smaller future value
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Which of the following statements is false? a. across a longer time period, a single cash flow grows...
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