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Given some amount to be received several years in the future, if the interest rate increases, the present value of the future amount willa. Be higher.b. Be lower.c. Stay the sam…

Given some amount to be received several years in the future, if the interest rate increases, the present value of the future amount willa. Be higher.b. Be lower.c. Stay the sam…
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Given some amount to be received several years in the future, if the interest rate increases, the present value of the future amount willa. Be higher.b. Be lower.c. Stay the same.d. Cannot tell.e. Be variable.

asked
User Tadmas
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8.0k points

1 Answer

1 vote

Answer:

B. be lower

Step-by-step explanation:

the present value of the future amount will be lower

answered
User Janstol
by
8.2k points
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