This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is true regarding the present value of a future sum? (Read 57 times)

heatherbabydoll1

  • Full Member
  • ***
  • Posts: 148

Question 1

Which of the following is a benefit that derives from beginning to save for retirement early?

Fewer hassles from borrowing in retirement.


More total hours spent at work.


Greater compounding of interest.


Less money to spend afterretirement.



Question 2

Which of the following is true regarding the present value of a future sum?

There is no relationship betweenpresentandfuturevalue.


The present value of a future sumremains the sameas either the discount rate or the number of periods per yeardecreases.


The present value of a future sumincreasesas either the discount rate or the number of periods per year increases.


Thepresentvalue of afuturesum increases as either the discount rate or the number of periods per year decreases.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by heatherbabydoll1 on Aug 7, 2023

jbsuccess1

  • Full Member
  • ***
  • Posts: 158
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




heatherbabydoll1

  • Member
  • Posts: 148
Reply 2 on: Aug 7, 2023
Great answer, keep it coming :)


frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

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.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

For a complete list of videos, visit our video library