Multiple Choice
Which one of the following will increase the present value of a lump sum future amount? Assume the interest rate is a positive value and all interest is reinvested.
A) Increase in the time period
B) Increase in the interest rate
C) Decrease in the future value
D) Decrease in the interest rate
E) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q11: Suppose that in 2010,a $10 silver certificate
Q14: The relationship between the present value and
Q22: Jamie earned $180 in interest on her
Q27: Lisa has $1,000 in cash today.Which one
Q28: Your parents just gave you a gift
Q29: Six years from now, you will be
Q31: Precision Engineering invested $110,000 at 6.5 percent
Q54: The present value of a lump-sum future
Q66: Assume the total cost of a college
Q67: Ben invested $5,000 twenty years ago with