Given some amount to be received several years in the future, if the interest rate increases, the present value of the future amount willa. Be higher.b. Be lower.c. Stay the same.d. Cannot tell.e. Be variable.

asked Oct 19, 2020 13.2k views

5 votes

5.3k points

Please log in or register to add a comment.

1 vote

Answer:

B. be lower

Step-by-step explanation:

the present value of the future amount will be lower

Janstol answered Oct 25, 2020

6.0k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.0m questions

7.8m answers