You Are Expecting to Receive $3,500 at Some Time in the Future.Which

question 60

Multiple Choice

You are expecting to receive $3,500 at some time in the future.Which of the following would unambiguously increase the present value of this future payment?

• A)Interest rates rise and you get the payment sooner.
• B)Interest rates rise and you have to wait longer for the payment.
• C)Interest rates fall and you get the payment sooner.
• D)Interest rates fall and you have to wait longer to get the payment.

---

Definitions:

Smart Lookup Command

A feature in some software applications that allows users to search for contextual information directly within the application.

Researcher Command

A function or command in software that assists users in finding information or references for academic purposes.

Status Bar

A display area at the bottom of software applications, showing relevant information about the program's current state or operation.

Axis Titles

Labels used in charts to explain what is shown on the chart's horizontal and vertical axes.