How would (a) a decrease in the interest rate or (b) an increase in the holding period

Question:

How would (a) a decrease in the interest rate or (b) an increase in the holding period of a deposit affect its future value? Why?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Introduction to Corporate Finance

ISBN: 978-0324657937

2nd edition

Authors: Scott B. Smart, William L Megginson

Question Posted: