Given a Fixed Stream of Monthly Income The

Multiple Choice

Given a fixed stream of monthly income the:

A) Present value will increase as the time period increases.
B) Future value will decrease as the time period increases.
C) Present value will decrease as the annual percentage rate decreases.
D) Future value will increase as the annual percentage rate decreases.
E) Future value will increase if payments are made at the end of the period rather than the beginning.