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What happens to a future value if you increase (decrease) the interest rate? Explain why. What happens to a present value if you increase (decrease)
What happens to a future value if you increase (decrease) the interest rate? Explain why.
What happens to a present value if you increase (decrease) the discount rate? Explain why.
As you increase (decrease) the length of time involved, what happens to future values? Explain why.
As you increase (decrease) the length of time involved, what happens to present values? Explain why.
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