Which of the following statements is NOT correct? A. Other things being equal, a higher interest rate leads to a higher
Posted: Mon Nov 15, 2021 4:58 pm
Which of the following statements is NOT correct? A. Other
things being equal, a higher interest rate leads to a higher future
value. B. Other things being equal, a higher interest rate for an
amortised loan implies a higher regular repayment amount. C. Other
things being equal, a lower interest rate causes a lower present
value. D. Other things being equal, a lower interest rate is
preferred for borrowing.
things being equal, a higher interest rate leads to a higher future
value. B. Other things being equal, a higher interest rate for an
amortised loan implies a higher regular repayment amount. C. Other
things being equal, a lower interest rate causes a lower present
value. D. Other things being equal, a lower interest rate is
preferred for borrowing.