Question: The present value of a dollar: 1 . increases with lower interest rates 2 . increases with higher interest rates 3 . increases with longer

The present value of a dollar:
1. increases with lower interest rates
2. increases with higher interest rates
3. increases with longer periods of time
4. decreases with longer periods of time
The present value of a dollar:
1. increases with lower interest rates
2. increases with higher interest rates
3. increases with longer periods of time
4. decreases with longer periods of time
1 and 3
1 and 4
2 and 3
2 and 4

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