Which one of the following will increase the future value of a lump sum invested today? a. decreasing the amount of the lump sum b.
Which one of the following will increase the future value of a lump sum invested today?
a. decreasing the amount of the lump sum
b. increasing the rate of interest
c. paying simple interest rather than compound interest
d. paying interest only at the end of the investment period
e. shortening the investment time period
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Authors: Judith J. Baker, R.W. Baker
3rd Edition
076377894X, 978-0763778941
