The Longer the Length of Time Between a Present Value

question 45

Multiple Choice

The longer the length of time between a present value and its corresponding future value,:

• A) the lower the present value,relative to the future value.
• B) the higher the present value,relative to the future value.
• C) the higher the interest rate used in the present-valuation.
• D) there is no difference.

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Definitions:

Immature Fruits

Immature fruits are those that have been harvested before reaching full growth and development, often resulting in less sweetness and a firmer texture.

Immature Seeds

Seeds that have not fully developed or reached maturity.

Phloem

A type of vascular tissue in plants that transports sugars and other metabolic products downward from the leaves.

Sieve Tubes

Specialized cells in the phloem of vascular plants that facilitate the transport of sugars and other nutrients.