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If we input a positive PV in our calculator, we get a negative FV if that is what we are solving for. The reverse it true as well. Put in a positive, and the answer is negative. This is true of all financial calculators and is referred to as the ________.

a. Financial calculators do not operate in this way.

b. The reversal effect

c. The compounding or discounting effect

d. Cash flow sign convention

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91416123

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