When dealing with present value a lower interest ratea does, Ask an Expert

Economics

When dealing with present value, a lower interest rate:

A: Does not affect the present value of the future amount

B: Increases the present value of a future amount

C: Decreases the present value of a future amount

D: None of the statements associated with this question are correct

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91706176

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