Multiple Choice
Assuming an inflationary economy,the future value interest factor is
A) always equal to 1.0.
B) always less than 1.0.
C) always greater than 1.0.
D) always uncertain.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q74: If you borrow $20 000 as a
Q75: Ruby is expecting her first child next
Q76: Betty wants to accumulate $1 million by
Q77: ABC Bank offers term deposits with 8
Q78: The present value interest factor is<br>A)always less
Q80: What is the term for the interest
Q81: The effective rate of interest and compounding
Q82: Raymond has an investment of $25 000
Q83: The higher the interest rate,the higher the
Q84: Sally will not be making any investments