Which of the following changes would increase the present value of a future payment? (check all that apply) Decrease in the number of years until the future payment is received Increase in the interest rate Increase in the amount of the payment Decrease in the interest rate Increase in the number of years until the future payment is received
Which of the following changes would increase the present value of a future payment? (check all that apply) Decrease in the number of years until the future payment is received Increase in the interest rate Increase in the amount of the payment Decrease in the interest rate Increase in the number of years until the future payment is received
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 3QTD
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![Which of the following changes would
increase the present value of a future
payment? (check all that apply)
Decrease in the number of years
until the future payment is received
Increase in the interest rate
Increase in the amount of the
payment
Decrease in the interest rate
Increase in the number of years
until the future payment is received](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7c2ba26f-94b8-4554-bb8d-0c37f9d0baad%2Fbb4b9608-0b0a-4e4c-a0db-d95adab1d5e0%2Fxuc3f8k_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which of the following changes would
increase the present value of a future
payment? (check all that apply)
Decrease in the number of years
until the future payment is received
Increase in the interest rate
Increase in the amount of the
payment
Decrease in the interest rate
Increase in the number of years
until the future payment is received
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