The longer the length of time between a present value and its corresponding future value,

Question $3$ options:

$1)$ the higher the interest rate used in the present$-$valuation.

$2)$ the lower the present value, relative to the future value.

$3)$ the higher the present value, relative to the future value.

$4)$ there is no difference.

Answer rating: 100% (QA)

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