True False O O 1. Other things equal, the longer the wait, the lower the future value will be. 0 O 2. Future value and interest rate are positively related. O 3. This chapter does not examine investments with multiple payments. O o o 4. What deposit is needed to reach $10,000 after 10 years if r = 5% is a future value problem. 5. Discounting is more likely a reference to future value than to present value. O O o 6. Present value and interest rate are negatively related. o 7. Interest rate and future value interest factor are not used interchangeably. O O 8. Discount rate and present value interest factor are not used interchangeably. O O 9. According to the Rule of 72, it will take fewer than 10 years to double your money if r = 8%. 10. Interest rate and growth rate can be used interchangeably. 0 0