Question: How does the concept of time affect the relationship between Present Value and Future Value? Group of answer choices Time has no effect on the
How does the concept of time affect the relationship between Present Value and Future Value?
Group of answer choices
Time has no effect on the relationship between Present Value and Future Value.
As time increases, the difference between Present Value and Future Value typically grows larger.
As time increases, Present Value and Future Value converge.
The relationship is only affected by interest rates, not time.
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