The Future Value of a Dollar ________ as the Interest

question 172

Multiple Choice

The future value of a dollar ________ as the interest rate increases and ________ the further in the future an initial deposit is to be received.

• A) decreases; decreases
• B) decreases; increases
• C) increases; increases
• D) increases; decreases

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Definitions:

Mean Salary

The average amount of money earned by employees in a particular job, industry, or region, calculated by summing all salaries and dividing by the number of employees.

Median Salary

The middle value of salaries in a list when they are ranked in ascending or descending order.

Distribution Shape

The geometric arrangement of a dataset, describing how data is organized around the central tendency, including forms such as bell-shaped, skewed, or uniform.

Stem And Leaf Display

A graphical method of displaying numerical data that helps to retain the individual scores.