Question: Which one of the following will decrease the present value of a lump sum future amount? Assume the interest rate is a positive value and
Which one of the following will decrease the present value of a lump sum
future amount? Assume the interest rate is a positive value and all interest is
reinvested.
Increase in the interest rate
Decrease in the interest rate
Decrease in the future value
Increase in the time period
None of the above
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