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Explain briefly( not just stating increase or decrease) the effect of the following on the present value of a lump sum amount of money that

Explain briefly( not just stating increase or decrease) the effect of the following on the present value of a lump sum amount of money that you expect to receive in the future

1. The length of time

2. The interest rate you expect to earn

3. The amount of money you expect to receive in the future

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