Question: The present value of a lump sum future amount: Question 15 options: 1) increases as the interest rate increases. 2) is inversely related to the

The present value of a lump sum future amount:

Question 15 options:

1)

increases as the interest rate increases.

2)

is inversely related to the interest rate.

3)

is not related to the interest rate.

4)

decreases as the time period decreases.

5)

is not related to the time period.

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