Interest rate is positive value-all interest is reinvested

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Reference no: EM131561553

Which one of the following will increase 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 time period

Increase in the interest rate

Decrease in the future value

Decrease in the interest rate

None of these

Reference no: EM131561553

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