Multiple Choice
Which of the following statements is true?
A) The longer the time period that funds are invested, the greater the future value.
B) The lower the discount rate that funds are invested at, the greater the future value.
C) The shorter the time period that funds are invested, the greater the future value.
D) The higher the interest rate, the slower the value of an investment will grow.
Correct Answer:
Verified
Correct Answer:
Verified
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