A$/$an

will lower the present value of a set amount to be received sometime in the future.

I. decrease in the future value

II$.$ increase in the future value

III, decrease in the interest rate

IV$,$ increase in the interest rate

$V.$ decrease in the time until the amount is received

VI$.$ increase in the time until the amount is received

Multiple Choice

I, III, and V only

II$,$ IV$,$ and VI only

I, IV$,$ and VI only

IV and VI only