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

Author Question: Consider the TVM equation: Present values and interest rates are inversely related. Indicate ... (Read 28 times)

tfester

  • Hero Member
  • *****
  • Posts: 534
on: Jul 10, 2018
Consider the TVM equation: Present values and interest rates are inversely related.
 
  Indicate whether the statement is true or false.

Question 2

Given an interest rate of 0, the present value of 1,500 to be received 5 years in the future is less than 1,500.
 
  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

steff9894

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jul 10, 2018
Answer to Question 1

Answer: TRUE

Answer to Question 2

Answer: FALSE
Explanation: PV = = = 1,500.


tfester

  • Member
  • Posts: 534
Reply 2 on: Jul 10, 2018
:D TYSM

softEldritch

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Cellular Respiration Equation Cellular Respiration Equation
Example of coastal cities Recharge Rates Example of coastal cities Recharge Rates
Write the equation in general form of the line passing through the point Write the equation in general form of the line passing through the point
How to determine the x- and y- intercepts of a linear equation How to determine the x- and y- intercepts of a linear equation
Ecosystem goods and services and monetary values Ecosystem goods and services and monetary values
Video: Bone tissue types - compact and spongy

For a complete list of videos, visit our video library