Question

The present value of a future sum decreases as either the discount rate or the number of periods per year increases, other things held constant. True False

Answer 1

Answer:

True

Explanation:

At the time when the future sum of the present value reduced and it can be either the discount rate or the number of the period on a yearly basis increased being the other things would remain the same

So the given statement is true

Hence, the same should be considered and relevant too