Author Question: There is an inverse relationship between the present value of a future amount and the interest rate ... (Read 485 times)

cmoore54 · **on:** Jun 30, 2018

There is an inverse relationship between the present value of a future amount and the interest rate used for discounting.
a. True
b. False

Question 2

The exchange rate is the
a. ratio of exports to imports
b. interest rate the U.S. government charges on international transactions
c. pricing policy of goods scheduled for export
d. price of one nation's currency in terms of another nation's currency
e. price that central banks charge each other for currency exchanges