Which of the Following Statements Is FALSE

question 60

Multiple Choice

Which of the following statements is FALSE?

• A)The process of moving a value or cash flow backward in time is known as discounting.
• B)FV =
• C)The process of moving a value or cash flow forward in time is known as compounding.
• D)The value of a cash flow that is moved forward in time is known as its future value.

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Definitions:

Leeches

Blood-sucking or carnivorous aquatic or terrestrial worms, belonging to the class Hirudinea.

Setae

Bristle-like structures found on the bodies of some animals, such as insects and earthworms, used for sensation, locomotion, or attachment.

Chelicerae

A pair of appendages in front of the mouth in arachnids and some other arthropods, serving as fangs or pincers.

Silk Glands

Specialized glands found in arachnids, particularly spiders, that produce the protein fibre known as silk for web construction and other purposes.