Which of the Following Statements Is TRUE

question 33

Multiple Choice

Which of the following statements is TRUE?

• A)People generally prefer to receive money later rather than sooner.
• B)Interest is a payment made by lenders to borrowers.
• C)The present value of a future payment will be lower the smaller the payment, the later it is due, and the higher the interest rate.
• D)The future value of a payment will be more if the interest rate is lower.

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Definitions:

Collateral

Assets pledged by a borrower to secure a loan or other credit, and subject to seizure in the event of default.

Social Venture Capitals

Investment funds that provide capital to businesses making a positive impact on social issues, focusing on both financial returns and social outcomes.

Triple Bottom Line

An accounting framework that incorporates three dimensions of performance: social, environmental, and financial.

Wicked Problem

A complex, difficult to define issue without a clear solution and with interconnected elements.