The Present Value of an Expected Future Payment ________ as the Interest

question 37

Multiple Choice

The present value of an expected future payment ________ as the interest rate increases.

• A)falls
• B)rises
• C)is constant
• D)is unaffected

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Definitions:

PASS Method

Acronym for Pull, Aim, Squeeze, and Sweep, a technique used for effectively using a fire extinguisher.

Fire Extinguisher

A device that discharges a substance to put out a fire, often by cooling the fire, cutting off its oxygen supply, or both.

Substage

A division or smaller part that forms a component of a larger stage or phase.

Direct Contact

Physical interaction between an infected person or contaminant and a susceptible host, leading to the potential transfer of disease.