Question: When solving a problem that uses TVM, if you were to calculate an answer using a higher interest rate, the effect is the larger the

When solving a problem that uses TVM, if you were to

When solving a problem that uses TVM, if you were to calculate an answer using a higher interest rate, the effect is the larger the present value of a future amount of money. the smaller the future value of an amount invested today. the smaller the present value of a future amount of money. All of the above

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