Question: The relationship between future value and the interest rate could best be described as: Multiple Choice A direct relationship, they both move together ( as
The relationship between future value and the interest rate could best be described as:
Multiple Choice
A direct relationship, they both move together as i increases so does FV
none of the answers are correct
An inverse relationship, as i increases, FV decreases.
An unclear relationship, whether it is direct or inverse depends on the interest rate.
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