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3 years ago

13

Given some amount to be received several years in the future, if the interest rate increases, the present value of the future am

ount willa. Be higher.b. Be lower.c. Stay the same.d. Cannot tell.e. Be variable.

1 answer:

Delicious77 [7]3 years ago

8 0

Answer:

B. be lower

Explanation:

the present value of the future amount will be lower

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