Which of the Following Statements Is FALSE

question 41

Multiple Choice

Which of the following statements is FALSE?

• A)Finding the present value (PV)and compounding are the same.
• B)The equivalent value of two cash flows at two different points in time is sometimes referred to as the 'time value' of money.
• C)A dollar today and a dollar in one year are not equivalent.
• D)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.

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Definitions:

Cumulative Frequency

The sum of frequencies accumulated up to a certain point in a data set.

Total Number

The aggregate or sum count of items or entities in a set or dataset.

Data Set

A collection of data, often presented in tabular form, consisting of variables and observed or measured values.

Class Width

The difference between the upper and lower boundaries of any class (or category) in a frequency distribution.