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 Lower the Present Value Interest
Solved

The Higher the Interest Rate,the Lower the Present Value Interest

Question 71

Question 71

True/False

The higher the interest rate,the lower the present 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

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

Q72: Mortgages are annuities in that a fixed

Q73: The rent charged for the use of

Q74: If you borrow $20 000 as a

Q75: Ruby is expecting her first child next

Q76: Betty wants to accumulate $1 million by

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