Question: Question 7 For a given interest rate, as the length of the time in the future until receipt of funds increases, the present value interest
Question 7
- For a given interest rate, as the length of the time in the future until receipt of funds increases, the present value interest factor:
| A | increases. | |
| B | remains unchanged. | |
| C | decreases. | |
| D | changes proportionately. |
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