Multiple Choice
Which of the following changes would decrease the present value of a future payment?
A) an increase in the size of the payment
B) an increase in the time until the payment is made
C) a decrease in the interest rate
D) All of the above are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q30: The future value of $500 saved for
Q31: Suppose you win a small lottery and
Q32: If you put $400 into a bank
Q33: If the interest rate is 2.49 percent,then
Q34: If the interest rate is r percent,then
Q36: Cleo promises to pay Jacques $1,000 two
Q37: Your accountant tells you that if you
Q38: According to the rule of 70,if the
Q39: HydroGrow is considering building a new greenhouse
Q40: Jarrod says that the future value of