What happens to the PV of a set amount if the length of time shrinks from 10 to 7 years, but the rate stays the same The PV increases The PV decreases The PV doesnt change The PV goes to infinity

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Posted on Jul 11, 2024

What happens to the PV of a set amount if the length of time shrinks from 10 to 7 years, but the rate stays the

What happens to the PV of a set amount if the length of time shrinks from 10 to 7 years, but the rate stays the same?

		The PV increases
		The PV decreases
		The PV doesnt change
		The PV goes to infinity

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