The process of calculating future value of cash flows is known as a.None of these b.Compounding c.Both a and b d.Discounting

Managerial Accounting: The Cornerstone of Business Decision-Making
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Chapter12: Capital Investment Decisions
Section: Chapter Questions
Problem 11MCQ
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The process of calculating future value of cash flows is known as
a.None of these
b.Compounding
c.Both a and b
d.Discounting 
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