How are future values affected by changes in interest


How are future values affected by changes in interest rates?

a. The lower the interest rate, the larger the future value will be.

b. The higher the interest rate, the larger the future value will be.

c. Future values are not affected by changes in interest rates.

d. One would need to know the present value to determine the impact.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: How are future values affected by changes in interest
Reference No:- TGS0983007

Expected delivery within 24 Hours