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Present Values and Interest Rates Are Inversely Related

question 121

True/False

Present values and interest rates are inversely related.This means that if you deposit $1,000 into an interest-earning account today,it will take longer to reach a future value of $5,000 at an interest rate of 6% than at a rate of 4%.


Definitions:

AND Function

A logical operation that returns true only if all the operands are true.

Boolean Equation

A mathematical expression using Boolean algebra, involving operators like AND, OR, NOT, representing logical relationships.

Inverter

The digital circuit that performs inversion.

Digital Circuit

An electronic circuit that processes digital signals, consisting of logic gates and designed to perform a specific computational task.

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