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Question 1 5 How does the length of time change the present value of an investment? The present value increases intially but then remains constant

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How does the length of time change the present value of an investment?

The present value increases intially but then remains constant over time.

The length of time has no effect on the present value

The longer the time period, the higher the present value

None of the options are true

The longer the time period, the lower the present value

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