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1.Answer the following questions and provide a brief explanation for each: a)How would lowering the interest rate affect the future value of a single deposit

1.Answer the following questions and provide a brief explanation for each:

a)How would lowering the interest rate affect the future value of a single deposit made today?

b)How would reducing the frequency of compounding affect the future value of an investment?

c)How would raising the interest rate affect the present value of a fixed amount of money in the future?

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