If the discount (or interest) rate is positive, the present value of an expected series of payments will always exceed the future value of the same series.

Answer the following statement true (T) or false (F)


False

Business

You might also like to view...

According to Khurana, the public profile of the CEO as celebrity encourages:

a. Investment decisions b. Employee motivation c. Stock price movements d. All of the above

Business

The sales volume variance is the difference between the expected results in the flexible budget for the actual units sold and the static budget

Indicate whether the statement is true or false

Business

The American-made car I purchased as a starving graduate student was not the sleek, high-performance machine that full professors park in faculty parking, but it performed admirably

For the next twenty years I could count on one thing; every morning it would start when I turned the key. This vehicle had outstanding ________ quality. Fill in the blank with the appropriate word.

Business

Which of the following is an important reason why the United States adopted computing much earlier than countries such as China and Japan?

A) Unlike education in China or Japan, education in the United States has been historically based on logic and reasoning. B) Mathematics, as a subject, was initially developed in the United States, while China and Japan adopted mathematics much later. C) The Chinese and other cultures were reluctant to abandon traditional computing methods, such as the abacus, in favor of modern computing. D) The English alphabet is easier to accommodate on the ASCII keyboard than the Chinese or Japanese alphabets.

Business