The Present Value of $1 Payable in the Future Decreases

Multiple Choice

The present value of $1 payable in the future decreases

A) the higher r is and the sooner it is to be paid.
B) the lower r is and the sooner it is to be paid.
C) the higher r is and the longer time until it is paid.
D) the lower r is and the longer time until it is paid.