The Shorter the Time Until a Payment

question 77

Multiple Choice

The shorter the time until a payment:

• A)The higher the present value
• B)The lower the present value because time is valuable
• C)The lower must be the interest rate
• D)The higher must be the interest rate

---

Definitions:

Organization

An entity comprising multiple people working together towards a common goal, which can be classified as businesses, government bodies, or not-for-profits.

Industry Trends

Refers to the prevailing directions or developments in any given industry, often determined by consumer behavior, technological advancements, and regulatory changes.

Competitors

Entities, either companies or individuals, that compete in the same industry or market for customers.

Situation Analysis

An assessment of an organization's internal and external environments to understand its capabilities, customers, and business climate.