Which one of the following is a correct statement, all else held constant?
A) The present value is inversely related to the future value.
B) The future value is inversely related to the period of time.
C) The period of time is directly related to the interest rate.
D) The present value is directly related to the interest rate.
E) The future value is directly related to the interest rate.
Correct Answer:
Verified
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