Question: which of the following is correct (while all else constant?) ) Future values are always equal to present values when both r and t are
which of the following is correct (while all else constant?)
) Future values are always equal to present values when both r and t are positive. B Future values are always larger than present values when both r and t are positive. If the rate at which you can invest is 2 percent, the future value of $1 received today, is less than $1. If the rate at which you can invest is 10 percent, the value today of $1 to be received in the future is more than $1
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