As the interest rate increases, determine whether each of the given amounts increases or decreases. Assume that
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As the interest rate increases, determine whether each of the given amounts increases or decreases. Assume that all other variables remain constant.
a. monthly value for a sinking fund
b. monthly value for amortization increases
c. present value of an annuity decreases
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Sure lets break down each point a Monthly value for a sinking fund A sinking fund is a fund which of...View the full answer
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