Multiple Choice
As the time period until receipt increases,the present value of an amount at a fixed interest rate:
A) decreases.
B) remains the same.
C) increases.
D) not enough information to tell.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q26: The interest factor for the present value
Q35: Dr.Russell wants to buy an expensive car
Q36: In January,2005 Harold Black bought 100 shares
Q38: Cheryl Gold signed a 20-year,6% mortgage for
Q38: Gary Kiraly wants to buy a new
Q42: In determining the compound sum of a
Q43: A retirement plan guarantees to pay to
Q43: The amount of annual payments necessary to
Q45: The longer the length of time between
Q100: In determining the future value of an