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 68 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
Gracias!

smrtceo

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Rates of Car Injuries and Fatalities by Age Rates of Car Injuries and Fatalities by Age
Teenage Pregnancy Rates in Developed Countries Teenage Pregnancy Rates in Developed Countries
Procedures and Diagnostic Tests Related to the Integumentary System Procedures and Diagnostic Tests Related to the Integumentary System
Write equation for each function Write equation for each function
(mn/p) = 6 . How do you manipulate the equation so that you isolate m on one side? (mn/p) = 6 . How do you manipulate the equation so that you isolate m on one side?
After 159 days,she paid a maturity value of $11,626, which included interest of $814. After 159 days,she paid a maturity value of $11,626, which included interest of $814.
Video: What are Taste Receptors? How Does it Work? Animation

For a complete list of videos, visit our video library