With respect to the time value of money the future value


1. With respect to the time value of money, the future value relationship to the rate of interest is best described as:

a. none of the answers is correct

b. logarithmic

c. a negative relationship

d. a positive relationship

e. no relationship

2. Chris Mayson has funded a retirement investment with $250,000 earning a return of 5.75 percent. What is the value of the payment that he can receive in perpetuity? (Round the number.)

a. $14,375

b. $12,150

c. $15,250

d. none of the answers is correct.

e. $14,900

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Financial Management: With respect to the time value of money the future value
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