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Which of the following statements is true? The longer the time period that funds are invested, the greater the future value . The lower the
Which of the following statements is true?
The longer the time period that funds are invested, the greater the future value. | ||
The lower the discount rate that funds are invested at, the greater the future value. | ||
The shorter the time period that funds are invested, the greater the future value, regardless of the investment rate. | ||
The higher the interest rate, the slower the value of an investment will grow. |
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