When Dealing with Present Value,a Higher Interest Rate

question 87

Multiple Choice

When dealing with present value,a higher interest rate:

• A) does not affect the present value of the future amount.
• B) increases the present value of a future amount.
• C) decreases the present value of a future amount.
• D) None of the statements associated with this question are correct.

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Definitions:

Conduct Disorder

A serious behavioral and emotional disorder in children and adolescents characterized by a long-term pattern of antisocial behavior, aggression, and a disregard for others.

Juvenile Delinquency

Refers to anti-social or criminal behavior by individuals under the age of 18.

Attention-deficit/hyperactivity Disorder

A neurodevelopmental disorder characterized by patterns of inattention, hyperactivity, and impulsivity that interfere with functioning or development.

Conduct Disorder

A psychological disorder characterized by a repetitive and persistent pattern of behavior in which the basic rights of others or major age-appropriate societal norms or rules are violated.