At a Zero Interest Rate, the Present Value of $1

question 76

True/False

At a zero interest rate, the present value of $1 remains at $1 and is not affected by time.

---

Definitions:

Chemical Reactions

Processes in which one or more substances, the reactants, are converted to one or more different substances, the products.

Chemical Equations

Chemical equations are symbolic representations of chemical reactions, depicting the reactants and products, their phases, and the stoichiometric relationships between them.

HCl

Hydrochloric acid, a strong corrosive acid that is used in chemical synthesis and as a digestive aid in the human stomach.

Hydrogen

Hydrogen is a chemical element with the symbol H and atomic number 1, known as the lightest element in the periodic table and a primary component of water.