menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Finance
  4. Exam
    Exam 1: Tools for Financial Planning - Applying Time Value Concepts
  5. Question
    The Higher the Interest Rate,the Higher the Future Value Interest
Solved

The Higher the Interest Rate,the Higher the Future Value Interest

Question 65

Question 65

True/False

The higher the interest rate,the higher the future value interest factor,other things being equal.

Correct Answer:

verifed

Verified

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

Related Questions

Q60: Assuming a discount rate of 14 percent

Q61: What is the future value of $200

Q62: The future value of today's $200 to

Q63: The future value of $676 deposited at

Q64: How much interest would Aleem save if

Q66: The longer the time period,the higher the

Q67: Raymond wants to save the college tuition

Q68: Jessie won a lottery and was given

Q69: If your credit card says 28% interest

Q70: Danny invests $124 090 in a fund

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines