The future value of a present sum increases as either the discount rate or the number of periods per year increases, other things held constant. True False

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 11QTD
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The future value of a present sum increases as either the discount rate or the number of periods per year increases, other things held constant.

True

False

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