Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of these will increase the present value of an amount tobe received sometime in the future? Increase in the time until theamount is received.

Which of these will increase the present value of an amount tobe received sometime in the future?

Increase in the time until theamount is received.
Decrease in the futurevalue.
Decrease in both the futurevalue and the number of time periods.
Decrease in the interestrate.
Increase in the discountrate.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Decreasing the interest rate increases the pres... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Finance and Public Policy

Authors: Jonathan Gruber

4th edition

1429278455, 978-1429278454

More Books

Students also viewed these Finance questions

Question

What is an access control list?

Answered: 1 week ago