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