Question: What happens to a future value as you increase the interest (growth) rate? Explain Also, what happens to a present value as you increase the

  1. What happens to a future value as you increase the interest (growth) rate? Explain
  2. Also, what happens to a present value as you increase the discount rate? Explain.
  3. What is the time value of money concept and why does it need to be considered when making financial decisions?

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