In 3 years you are to receive $5,000. If the interest rate were to suddenly increase, the present value of that future a

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899604
Joined: Mon Aug 02, 2021 8:13 am

In 3 years you are to receive $5,000. If the interest rate were to suddenly increase, the present value of that future a

Post by answerhappygod »

In 3 years you are to receive $5,000. If the interest rate were to suddenly increase, the present value of that future amount to you would:

A. Fall
B. Rise
C. Remain unchanged
D. Cannot be determined without more information
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top

This topic has 1 reply

You must be a registered member and logged in to view the replies in this topic.


Register Login
 
Post Reply

Return to “Archived Questions & Answers”