The process of obtaining present values is known as compounding.

« previous next »

Author Question: The process of obtaining present values is known as compounding. (Read 124 times)

tiara099

Hero Member
Posts: 588

on: Apr 12, 2019

The process of obtaining present values is known as compounding.

◦ true
◦ false

Personal Finance ¦ Madura ¦ 6^th Edition

Buy Test-Bank

javimendoza7

Sr. Member
Posts: 293

Reply #1 on: Apr 12, 2019

false

Need homework help now?

Ask unlimited questions for free

Ask a Question

« previous next »

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.