A dollar received five years from now when discounted at 15% would be worth more today than if this same amount would be discounted at 10%.

Name: A dollar received five years from now when discounted at 15% would be worth more today than if this same amount would be discounted at 10%.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Discounting a future amount at a higher interest rate (15% vs. 10%) results in a lower present value, meaning the dollar would be worth less today when discounted at 15% compared to 10%.

A Dollar Received Five Years from Now When Discounted at 15