Which of the following will increase future value relative to present value?

Name: Which of the following will increase future value relative to present value?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A higher interest rate will increase the future value relative to the present value. This is because a higher interest rate means the investment will grow at a faster pace, resulting in a higher future value. The other options listed (B, C, and D) do not necessarily guarantee an increase in future value.

Which of the Following Will Increase Future Value Relative to Present