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 80 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

amandanbreshears

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Applying the FITT Principle to Each Exercise Component of Health-Related Physical Fitness Applying the FITT Principle to Each Exercise Component of Health-Related Physical Fitness
Procedures and Diagnostic Tests Related to the Female Reproductive System Procedures and Diagnostic Tests Related to the Female Reproductive System
How to find the equation of a cosine curve How to find the equation of a cosine curve
Effect of increasing temperature or lowering deltGo+ on the rates of reactions Effect of increasing temperature or lowering deltGo+ on the rates of reactions
The line with the equation y=5x+12 intersects the parabola with equation y=xsqared+7x-3 at the ... The line with the equation y=5x+12 intersects the parabola with equation y=xsqared+7x-3 at the ...
Video: Inflammatory response Animation

For a complete list of videos, visit our video library