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which of the following statements is true with the respect to the present valhe if a future amount? a. the relationship between present value and

which of the following statements is true with the respect to the present valhe if a future amount?
a. the relationship between present value and time is exponential.
b. The greater the time, The higher the present value of a single some for a given interest rate.
c. The higher the discount rate, the higher, the present value of a single sum for a given time period
d. The lower the discount rate, the lower, the present value of a single some forgiven time period
image text in transcribed
Which of the following statements is true with respect to the present value of a future amount? The relationship between present value and time is exponential. The greater the time period, the higher the present value of a single sum for a given interest rate. The higher the discount rate, the higher the present value of a single sum for a given time period. The lower the discount rate, the lower the present value of a single sum for a given time period

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