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Business, 16.03.2022 05:50 nahannahawkins8888

which of the following statements is true: Nominal dollars refer to the amount of purchasing power. A dollar tomorrow is worth more than a dollar today. To calculate present value, we discount the future value by some interest rate r, the discount rate. An annuity factor represents the future value of $1 deposited today.

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which of the following statements is true: Nominal dollars refer to the amount of purchasing power....
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