Question: Here is the Book: Financial mathematics Chapter, Time value of Money 1. Navigate to the threaded discussion below and respond to the following prompts: a.

Here is the Book: "Financial mathematics" Chapter, "Time value of Money"
1. Navigate to the threaded discussion below and respond to the following prompts:
a. Consider Example 5.7 on page 135 of your textbook: In this example, why is $100 only worth $9.23 today?
b. Discounting: If we increased the length of time involved, would this present value increase or decrease?
c. Compounding: If the going rate of the savings certificate increased above 10%, what would happen to the of the certificate? Would it be above or below $100?
d. Ethics: Is this scenario deceptive advertising? Why or why not?
e. Support your position with at least one biblical principle with a specific Bible verse that you feel is relevant to the situation (explain how and why it applies).

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