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 24 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
YES! Correct, THANKS for helping me on my review

lindahyatt42

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Everyday situations sometimes present opportunities for children to build information processing ... Everyday situations sometimes present opportunities for children to build information processing ...
An orange-red biohazard symbol indicates that bloodborne pathogens may be present, and items should ... An orange-red biohazard symbol indicates that bloodborne pathogens may be present, and items should ...
How to determine the x- and y- intercepts of a linear equation How to determine the x- and y- intercepts of a linear equation
What if the equation for the parabola is a trinomial? How would you substitute the y-points ... What if the equation for the parabola is a trinomial? How would you substitute the y-points ...
Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra. Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra.
Earth Present Earth Present
Video: Mechanics of Sound Animation

For a complete list of videos, visit our video library