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 61 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
Thanks for the timely response, appreciate it

kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

In acute otitis media, the tympanic membrane is usually bulging and purulent fluid is present in the In acute otitis media, the tympanic membrane is usually bulging and purulent fluid is present in the
Crossing over during meiosis leads to allele combinations in sex cells that are not present in the p Crossing over during meiosis leads to allele combinations in sex cells that are not present in the p
How to fully analyze the standard and factored form of a quadratic equation (Question 2) How to fully analyze the standard and factored form of a quadratic equation (Question 2)
Environmental Science: Toward A Sustainable Future, 13th Edition Environmental Science: Toward A Sustainable Future, 13th Edition
Finding the equation of a line Finding the equation of a line
Future Value Formula Future Value Formula
Video: Hypoglycemia Animation

For a complete list of videos, visit our video library