This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Consider the TVM equation: The future value is always greater than the present value, even if the ... (Read 66 times)

tsand2

  • Hero Member
  • *****
  • Posts: 520
on: Jul 10, 2018
Consider the TVM equation: The future value is always greater than the present value, even if the interest rate is negative.
 
  Indicate whether the statement is true or false.

Question 2

Consider the TVM equation: A decrease in the time period will increase the future value, other things remaining equal.
 
  Indicate whether the statement is true or false.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lou

  • Sr. Member
  • ****
  • Posts: 286
Reply #1 on: Jul 10, 2018
Answer to Question 1

Answer: FALSE
Explanation: The future value is less than the present value if the interest rate is negative.

Answer to Question 2

Answer: FALSE
Explanation: A decrease in the time period will DECREASE the future value, other things remaining equal.


tsand2

  • Member
  • Posts: 520
Reply 2 on: Jul 10, 2018
Great answer, keep it coming :)

Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Comparing allele and genotype frequencies in a population with the Hardy-Weinberg equation and a Pun Comparing allele and genotype frequencies in a population with the Hardy-Weinberg equation and a Pun
teach their children to care for the earth in hopes of passing on a better world to future generatio teach their children to care for the earth in hopes of passing on a better world to future generatio
How to sketch a quadratic equation that is in standard form (Question 2) How to sketch a quadratic equation that is in standard form (Question 2)
Finding the equation of a line Finding the equation of a line
Given the parent function f(x)=log10(bottom exponent)x, state the equation of the function that Given the parent function f(x)=log10(bottom exponent)x, state the equation of the function that
Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra. Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra.
Video: Rh blood type and complications during pregnancy & Fertilization

For a complete list of videos, visit our video library