Suppose the interest rate is r. If you know how much money you will receive at a certain point in time and want to know what that cash flow would be worth t periods earlier, you need to: Multiple Choice Multiply it by r Multiply it by (1+r) Divide it by (1+r)t Divide it by rt

Suppose the interest rate is r. If you know how much money you will receive at a certain point in time and want to kriow what that cash flow would be worth t periods earlier you need to: Multiple Choice Multiply it by tt Multiply it by (1+1)t Divide it by (1+1)t Divide it by tt