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Question #2: There are important relationships between Interest Rates and Time as it relates to Future Value Required: Answer the following questions: a) For a

Question #2: There are important relationships between Interest Rates and Time as it relates to Future Value

Required: Answer the following questions:

a) For a given Interest Rate, what is the impact on Future Value if the Time Period is longer?

b) For a given Time Period, what is the impact on Future Value if the Interest Rate is higher?

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