(Solved): Choose the correct answer: Excel function and formulas are fast and accurate compared to the i ...

• Choose the correct answer: Excel function and formulas are fast and accurate compared to the interpolation method to find untabulated

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values. (a) True (b) False A loan with compound interest will result in a smaller future sum, compared to the same loan with simple interest (a) True (b) False An arithmetic gradient series is a cash flow series that either increases or decreases by a constant amount each period. (a) True (b) False The uniform series A begins at the end of year (period) 2 and continues through the year of the given

. (a) True (b) False The present worth is always located one period prior to the first uniform series amount when using the P/A factor. (a) True (b) False A shifted uniform series starts at time other than period one (a) True (b) False Future Worth (F) for shifted uniform series is one period after the last

(a) True (b) False Future worth referred to value or amount of money at a time designated as the time zero (0). (a) True (b) False The evaluation criterion that is usually used in an economic analysis is financial units (dollars or other currency). (a) True (b) False The present worth of an arithmetic gradient will always be located one periods before the gradient starts. (a) True (b) False Economic equivalence is used to determine the different amounts of money at different points in time that are equal in economic value (a) True (b) False series of consecutive, equal, end-of-period amounts of money called annual worth76 5G Ihı 2:20 (a) True (b) False 13. Compound interest = (principal - all accrued interest)(interest rate) (a) True (b) False 14. The future worth is always located one period prior to the last uniform series amount when using the F / A factor. (a) True (b) False 15. The present worth is always located two period prior to the first uniform series amount when using the P/A factor.

16. A loan with simple interest will result in a smaller future sum, compared to the same loan with compound interest (a) True (b) False 17. series of consecutive, equal, end-of-period amounts of money called an arithmetic gradient (a) True (b) False 18. The future worth is always located at the last uniform series amount when using the

factor.

19. Present worth referred to value or amount of money at a time designated as the time zero (0). (a) True (b) False 20. A shifted uniform series starts at period one (a) True (b) False