This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is true regarding the present value of a future sum? (Read 10 times)

heatherbabydoll1

  • Full Member
  • ***
  • Posts: 148

Question 1

Which of the following is a benefit that derives from beginning to save for retirement early?

Fewer hassles from borrowing in retirement.


More total hours spent at work.


Greater compounding of interest.


Less money to spend afterretirement.



Question 2

Which of the following is true regarding the present value of a future sum?

There is no relationship betweenpresentandfuturevalue.


The present value of a future sumremains the sameas either the discount rate or the number of periods per yeardecreases.


The present value of a future sumincreasesas either the discount rate or the number of periods per year increases.


Thepresentvalue of afuturesum increases as either the discount rate or the number of periods per year decreases.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by heatherbabydoll1 on Aug 7, 2023

jbsuccess1

  • Full Member
  • ***
  • Posts: 158
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




heatherbabydoll1

  • Member
  • Posts: 148
Reply 2 on: Aug 7, 2023
Great answer, keep it coming :)


amandalm

  • Member
  • Posts: 306
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The average adult has about 21 square feet of skin.

For a complete list of videos, visit our video library