The present value of a single future sum: - 11226

Solution Posted by
umer

umer

Rating : No Rating
Solution Detail
Price: $1.25
  • From: ,
  • Posted on: Wed 20 Jun, 2012
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description

The present value of a single future sum:

a.  depends upon the number of discount periods.

b. increases as the number of discount periods increase

c.  increases as the discount rate increases.

d. is generally larger than the future sum.

 
Solution Description

The present value of a single future sum: