Question: True or False: When the interest rate (r) increases, present value increases. True or False: Dollars we get today are worth less than dollars we
True or False: When the interest rate (r) increases, present value increases.
True or False: Dollars we get today are worth less than dollars we get in the future
Is the EAR or APR the rate that you actually pay/earn? Which one of these do we use for discounting?
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