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Author Question: When computing the number of deposits needed to accumulate a future sum, it will take longer if the ... (Read 149 times)

skymedlock

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on: Jul 10, 2018
When computing the number of deposits needed to accumulate a future sum, it will take longer if the interest rates are higher, holding the future value and deposit size constant.
 
  Indicate whether the statement is true or false

Question 2

________ projects have the same function; the acceptance of one ________ the others from consideration.
 
  A) Capital; eliminates
  B) Independent; does not eliminate
  C) Mutually exclusive; eliminates
  D) Replacement; eliminates


shoemake

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Reply #1 on: Jul 10, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


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