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 68 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
Wow, this really help

raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

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?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

The heme group is present in myoglobin, hemoglobin, and many other proteins The heme group is present in myoglobin, hemoglobin, and many other proteins
Uncompetitive inhibitor equation Uncompetitive inhibitor equation
How to calculate present value (Question 4) How to calculate present value (Question 4)
How to sketch a quadratic equation that is in standard form (Question 2) How to sketch a quadratic equation that is in standard form (Question 2)
Scientists should use a variety of media to present the message Scientists should use a variety of media to present the message
Trig Equation Trig Equation
Video: Control of ventilation rate by other brain centers (posts, hypothalamus & cerebral cortex)

For a complete list of videos, visit our video library