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The higher the interest (discount) rate, the greater the present value of a future payment.

GoodMad_

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The higher the interest (discount) rate, the greater the present value of a future payment.

The higher the interest (discount) rate, the greater the present value of a future payment.
A) True
B) False

Textbook

Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach

Edition: 8^th

Author: Frasca

Read 106 times

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GoodMad_ Author

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I'll mark it solved, you deserve it

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