ch.9 Assignment.doc - Wendy Parwana Chapter 9 Assignment...

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Wendy Parwana Chapter 9 Assignment p.279 1) The future value represents the expected worth of a single amount, while the present value represents the current worth. 3) Money has a time value because the money received today can be invested to achieve a greater value in the future. 7) It is an annuity that begins equal payments in some point in the future specified by the investor in
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