Solved

When Dealing with Present Value,a Higher Interest Rate

Question 87

Multiple Choice

When dealing with present value,a higher interest rate:


A) does not affect the present value of the future amount.
B) increases the present value of a future amount.
C) decreases the present value of a future amount.
D) None of the statements associated with this question are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions