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Which one of the following will increase the present value of a lump sum future amount? Assume the interest rate is a positive value and

Which one of the following will increase the present value of a lump sum future amount? Assume the interest rate is a positive value and all interest is reinvested.

Increase in the time period
Increase in the interest rate
Decrease in the future value
Decrease in the interest rate
None of these

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