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Given an Interest Rate of Zero Percent, the Future Value

Question 23

Multiple Choice

Given an interest rate of zero percent, the future value of a lump sum invested today will always:


A) remain constant, regardless of the investment time period.
B) decrease if the investment time period is shortened.
C) decrease if the investment time period is lengthened.
D) be equal to $0.
E) be infinite in value.

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