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 114 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?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.