Question: TRUE OR FALSE o o 6. Present value and interest rate are negatively related. O 7. Interest rate and future value interest factor are not
TRUE OR FALSE 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 8. Discount rate and present value interest factor are not used interchangeably. o Q 9. According to the Rule of 72. it will take more than 10 years to double your money ifr= 8%. 10. "Interest rate" and "growth rate" can be used interchangeably. (Ctrl) O
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