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 49 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
Wow, this really help


CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Excellent

 

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

For a complete list of videos, visit our video library