Multiple Choice
Which of the following will increase the future value of a lump sum investment?
I.decreasing the interest rate
II.increasing the interest rate
III.increasing the time period
IV.decreasing the amount of the lump sum investment
A) I and III only
B) I and IV only
C) II and III only
D) II and IV only
E) II,III and IV only
Correct Answer:
Verified
Correct Answer:
Verified
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