In General, an Increase in Salvage Value ________ and an Increase

question 3

Multiple Choice

In general, an increase in salvage value ________ and an increase in the interest rate ________ the present worth of a project.

• A)increases, increases
• B)increases, decreases
• C)decreases, increases
• D)decreases, decreases
• E)does not change, decreases

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