Which of the Following Statements Is FALSE

question 72

Multiple Choice

Which of the following statements is FALSE?

• A)Finding the present value and compounding are the same.
• B)A dollar today and a dollar in one year are not equivalent.
• C)If you want to compare or combine cash flows that occur at different points in time,you first need to convert the cash flows into the same units or move them to the same point in time.
• D)The equivalent value of two cash flows at two different points in time is sometimes referred to as the time value of money.

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Definitions:

Humanist

A humanist is someone who emphasizes the value and agency of human beings, individually and collectively, often preferring critical thinking and evidence over acceptance of dogma or superstition.

Rhetoric

The art of effective or persuasive speaking or writing, especially the use of figures of speech and other compositional techniques.

Married Women

Women who are legally united in marriage; historical legal contexts often defined their rights, property, and status in relation to their husbands.

Medici Family

A powerful and influential Florentine family in the 14th to 17th century known for their support of the arts and sciences as well as their own banking empire.