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19 August, 07:05

Given some amount to be received several years in the future, if the interest rate increases, the present value of the future amount willa. Be higher. b. Be lower. c. Stay the same. d. Cannot tell. e. Be variable.

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  1. 19 August, 07:49
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    B. be lower

    Explanation:

    the present value of the future amount will be lower
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