Which of the following affects the present value of an investment? a. the interest rate b. the

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Which of the following affects the present value of an investment?

a. the interest rate

b. the number of time periods (length of the investment)

c. the type of investment (annuity versus single lump sum)

d. all of the above

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Managerial Accounting

ISBN: 9780138129712

1st Edition

Authors: Linda Smith Bamber, Karen Wilken Braun, Jr. Harrison, Walter T.

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