The Present Value of a Future Amount of Money Will

question 147

Multiple Choice

The present value of a future amount of money will be greater the

• A) greater the interest rate.
• B) less the amount of time before the future payment is received.
• C) more the amount of time before the future payment is received.
• D) greater the expected rate of inflation.

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A resource considered vital for the survival of an ecosystem or the well-being of a population.

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Legal protections granted to inventors that give them exclusive rights to make, use, sell, and distribute their inventions for a certain period of time.