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14 October, 04:27

Which one of the following will increase the present value of a lump sum future amount to be received in 15 years? An increase in the time period An increase in the interest rate A decrease in the future value A decrease in the interest rate Changing to compound interest from simple interest?

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  1. 14 October, 04:36
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    If you were to decrease the interest rate, you would increase the value of the present value.
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