If the Discount (Or Interest)rate Is Positive, the Present Value

question 83

True/False

If the discount (or interest)rate is positive, the present value of an expected series of payments will always exceed the future value of the same series.

---

Definitions:

Scientific Method

A systematic and logical approach to discovering how things in the universe work, involving observation, hypothesis formation, experimentation, and conclusion.

Sociologists

Experts in sociology, the study of society, social institutions, and social relationships.

Facts

Objective and verifiable observations or statements about the world, not influenced by feelings or opinions.

Opinions

Personal beliefs or judgments that are not necessarily based on fact or knowledge.