What will be the effect on the present value if we double the-14868
What will be the effect on the present value if we double the future value of the payment?
This multiple choice question (MCQ) is related to the book/course vu mgt411 Money & Banking. It can also be found in vu mgt411 Final Term - Quiz No.4.
What will be the effect on the present value if we double the future value of the payment?
It will decrease the value by one-half
It will increase the value by one-half
It will equally increase the value i.e. doubles the value
It will have no effect on the value