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As long as the interest rate is greater than zero, the present value of a single sum will always: Select one: a. Increase as the
As long as the interest rate is greater than zero, the present value of a single sum will always:
Select one:
a.
Increase as the interest rate increases.
b.
Be more than the future value.
c.
Increase as the number of periods decreases.
d.
Equal the future value if the time period is one year.
e.
Decrease as the number of periods increases.
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