To Create the Same Future Value Given a Stated Discount

question 232

Multiple Choice

To create the same future value given a stated discount rate, you can:

• A) Decrease both the present value and the time period.
• B) Increase both the present value and the time period.
• C) Decrease the time period and hold the present value constant.
• D) Increase the present value and hold the time period constant.
• E) Increase the present value and decrease the time period.

---

Definitions:

Demand Schedules

Tabular representations showing the quantity of a good or service that consumers are willing and able to buy at various prices, over a specified period.

Surplus

In economics, the amount by which the quantity of a product exceeds the quantity demanded at a specific price.

Shortage

A market condition in which demand for a good or service exceeds the supply available at a specific price.

Demand Schedules

A table that lists the quantity of a good that consumers are willing and able to purchase at various prices.