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Suppose that the inteGiven the effects of discounting on present values, what happens to the willingness of people to save as interest rates rise and

Suppose that the inteGiven the effects of discounting on present values, what happens to the willingness of people to save as interest rates rise and fall? est rate suddenly rises to 10%. Is the $1,000 a year from now still worth $952.38? Or is it worth more or less

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