Question: How are present values affected by changes in interest rates? Multiple Choice The lower the interest rate, the larger the present value will be .

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

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