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In this class we heavily discussed the concept of present value because we factor in time value of money. Therefore there is

this is the only information about the question i have. may be it is more of an operations management question than engineering economics.
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Answer #1

No, the statements is False

This is because future value analysis is required to find out how much an investment made today will be worth in future.

This helps investors make a sound decision.

Just like PV analysis, FV analysis is important too in making investment decisions and helps find out how much money one will have after a certain number of years, which can be used accordingly.

For e.g. if a person wishes to buy a house after 10 years, he will use a future value analysis to find out how much investment must be made today so as to accumulate a certain sum of money in future.

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