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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.
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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.

User Tadmas
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Answer:

B. be lower

Step-by-step explanation:

the present value of the future amount will be lower

User Janstol
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