Register
Suppose you will receive a payment of $500 one year from now. True or False: If during the year the interest rate rises, this increases the present value of your future payment. True False
50.0k views
3 votes
Suppose you will receive a payment of $500 one year from now. True or False: If during the year the interest rate rises, this increases the present value of your future payment. True False

User Romacafe
by
8.2k points

1 Answer

3 votes

Answer:TRUE

Step-by-step explanation:

User Jonas Wouters
by
7.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.2m questions

10.8m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
The government’s involvement in economy serves what two purposes?
Link Copied!