Question
Assume that the interest rate (i) is positive, and that the future valueis greater than the present value. As you increase the number of periods,
Assume that the interest rate (i) is positive, and that the future valueis greater than the present value. As you increase the number of periods, the Present Value will: increase decrease
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
