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Given an interest rate of zero percent, the future value of a lump sum invested today will always: (Points : 3)  remain constant, regardless of the investment time period.

1. decrease if the investment time period is shortened.

2. decrease if the investment time period is lengthened.

3. be equal to $0.

4. be greater than the initial investment amount.

Basic Finance, Finance

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  • Reference No.:- M944099

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