Multiple Choice
All else constant,the present value will __________ as the period of time decreases,provided there is an interest rate greater than zero.
A) remain constant
B) decrease
C) increase
D) either remain constant or decrease
E) either remain constant or increase
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q13: Given a rate of return of zero,the
Q15: The Monthly Bank pays 3 per cent
Q16: Sue needs to invest $3626 today in
Q18: You just won $25,000 and deposited your
Q19: Today you invest $1000 in a credit
Q20: The present value of $10 000 to
Q22: Jamie deposits $1000 into an account paying
Q29: By definition, a bank that pays simple
Q64: You and your brother are planning a
Q67: Ben invested $5,000 twenty years ago with