All Else Held Constant, the Present Value of an Annuity

question 22

Multiple Choice

All else held constant, the present value of an annuity will decrease if you:

• A)increase the annuity's future value.
• B)increase the payment amount.
• C)increase the time period.
• D)decrease the discount rate.
• E)decrease the annuity payment.

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Definitions:

World Court

Informally known as the International Court of Justice, it's the principal judicial organ of the United Nations, tasked with settling legal disputes between states.

Peace Movement

A social movement that seeks to achieve ideals such as the ending of a particular war (or all wars), minimize inter-human violence, and abolish weapons of mass destruction.

American Entry

The involvement or participation of the United States in a significant international event or conflict, such as World War I or World War II.

American Laborers

Describes workers in the United States, typically focused on manual or industrial work, integral to the development of the nation's economy.