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    Relation between interest rate and future value factor

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    As interest rate increases for anu given period, the future value interest factor will _____

    decrease, increase, remain unchanged, or move toward 1

    please advise answer & show why - thanks so much!

    © BrainMass Inc. brainmass.com October 2, 2022, 4:05 pm ad1c9bdddf

    Solution Preview

    the answer is increase
    This because the future value comes after incorporating the ...

    Solution Summary

    The solution explains the relationship between the interest rates and future value factor