Question: please explain this question thx. id be true if you earn a higher rate of return on your investments? A. The greater the present value

 please explain this question thx. id be true if you earn

please explain this question thx.

id be true if you earn a higher rate of return on your investments? A. The greater the present value would be for any annuity you would receive in the future B. Your rate of return would not have any effect on the present value of any sum to be received in the future. C. The greater the present value would be for any lump sum you would receive in the future D. The lower the present value would be for any lump sum you would receive in the fut u r e . Answer: D. The lower the present value would be for any lump sum you would receive in the future

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!