Question: If the interest rate is zero, the future value interest factor equals a . - 1 . 0 b . 0 . 0 c .

If the interest rate is zero, the future value interest factor equals
a.-1.0
b.0.0
c.1.0
d.2.0
 If the interest rate is zero, the future value interest factor

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!