The Future and Present Value Factors Are Reciprocals

question 241

True/False

The future and present value factors are reciprocals. Either amount equation can be used to solve any amount problem.

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Definitions:

Density

A physical property defined as the mass of a substance per unit volume, usually expressed in grams per cubic centimeter or kilograms per cubic meter.

Density

The mass per unit volume of a substance, indicating how much matter is packed into a particular space.

Volume

A measurement of the three-dimensional space occupied by an object or a substance.