Which one of the following is a correct statement, all else heldconstant? a. The present value is
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Question:
Which one of the following is a correct statement, all else heldconstant?
a. The present value is inversely related to the futurevalue.
b. The period of time is directlyrelated to the interest rate.
c. The future value is inverselyrelated to the period of time.
d. The present value is inverselyrelated to the interest rate.
e. The interest rate is inverselyrelated to the future value.
Related Book For
Engineering Economic Analysis
ISBN: 9780195168075
9th Edition
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
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