Question: How are future values affected by changes in interest rates? Multiple Choice The higher the interest rate, the larger the future value will be. One
How are future values affected by changes in interest rates?
Multiple Choice
- The higher the interest rate, the larger the future value will be.
- One would need to know the present value in order to determine the impact.
- Future values are not affected by changes in interest rates.
- The lower the interest rate, the larger the future value will be.
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