The discount rate and the time increases-the future value

The discount rate and the time increases-the future value

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Reference no: EM13943636

Other things equal, as the discount rate and the time increases, the future value:

a. Remains constant

b. Also increases.

c. Decreases.

d. Becomes negative.

e. Will vary but the direction of the change remains unknown.

Reference no: EM13943636

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