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8 Which one of the following statements is correct, all else constant? A The present value of a sum is not affected by the interest

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Which one of the following statements is correct, all else constant? A The present value of a sum is not affected by the interest rate. B The future value of a sum increases as the period of time decreases. The future value of a sum is not affected by the interest rate. D The present value of a sum increases as the period of time decreases

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