The Present Value of a Given Future Payment Is Higher

question 48

Multiple Choice

The present value of a given future payment is higher the ________ the rate of interest and the ________ distant the payment date.

• A)higher; more
• B)higher; less
• C)lower; more
• D)lower; less

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Definitions:

Healthy Diet

A balanced and nutritional eating plan that provides the body with necessary nutrients for optimal health and functioning.

Coronary Heart Disease

The clogging of the vessels that nourish the heart muscle; the leading cause of death in many developed countries.

Upper Respiratory Infections

Infections that affect the nasal passages, throat, and airways above the lungs, often characterized by symptoms like coughing, sneezing, and sore throat.

Anxiety

A feeling of worry, nervousness, or unease about something with an uncertain outcome, often reflecting a mental health condition when persistent and excessive.