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If the interest rate increases, the present value of an annuity will increase decrease stay the same An investor wants to have $10,000 in five
If the interest rate increases, the present value of an annuity will
| increase | |
| decrease | |
| stay the same |
An investor wants to have $10,000 in five years. If she can put her funds in an account for one year longer than she had originally planned, she can invest ____ today and still reach her goal.
| more | |
| less |
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