For a Given Future Value, the Higher the Interest Rate

question 143

True/False

For a given future value, the higher the interest rate is, the higher the present value will be.

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Definitions:

Clarity

The quality of being coherent and intelligible, or clear in thought or expression.

Bacillus Anthracis

A bacterium that causes anthrax, a serious infectious disease in humans and animals.

Gram-positive

Relating to a group of bacteria that retain the crystal violet stain used during the Gram staining method of bacterial differentiation, appearing purple under a microscope.

Gram-variable

Pertaining to bacteria that do not consistently stain either as Gram-positive or Gram-negative because of their cell wall composition variations.