The future value is greater than the present value

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Reference no: EM131977565

1. Assume that the interest rate (i) is positive, and that the future value is greater than the present value. As you increase the number of periods, the Present Value will: increase decrease

2. Given a 7 percent interest rate compute the present value of payments made in years 1 2 3 and 4 of $1900 $2200 $2200 and $2300.

Reference no: EM131977565

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