Question
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. |
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Public Finance and Public Policy
Authors: Jonathan Gruber
4th edition
1429278455, 978-1429278454
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