Multiple Choice
The present value of a dollar
1) is larger the longer the time period
2) is larger the shorter the time period
3) is larger the greater the interest rate
4) is larger the smaller the interest rate
A) 1 and 3
B) 1 and 4
C) 2 and 3
D) 2 and 4
Correct Answer:
Verified
Correct Answer:
Verified
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