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and/or the discount 3. Present value of a future amount increases when the time horizon rate (1 Point) Increases: increases. e Decreases, decreases. Time horizon

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and/or the discount 3. Present value of a future amount increases when the time horizon rate (1 Point) Increases: increases. e Decreases, decreases. Time horizon and discount rate do not affect present value. Decreases increases, Increases: decreases

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