1. In finance time value of money problems, a finite series of equal payments over equal periods is referred to as

a. an equilibrium cash flow problem

b. an equal-equal cash flow problem

c. a perpetuity cash flow problem

d. an annuity cash flow problem

e. a growing annuity cash flow problem

f. none of the above are accurate

2. As interest rates increase, the PV of an expected future cash flow?

a.Decreases

b.Increases

c.Does not change