Answer to Question #65663 in Macroeconomics for shamso

Question #65663

How interest rate changes affect present and future value.
Suppose you will receive a payment of $200 one year from now.
True or False: If during the year the interest rate rises, this increases the present value of your future payment.

True
False

Expert's answer

false

Learn more about our help with Assignments: Macroeconomics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. Develop a 875-word report to the members of the strategic planning committee explaining the followin
2. Classify various theories of unemployment based on the possible responses of the firm
3. What were the monetary and fiscal policy responses to the Great Recession? What were some of the rea
4. are full-time students looking for work included in workforce?
5. How to calculate Year over Year growth rate for non-yearly data? for example how to calculate US Q4
6. Having to do with tourism in New Zealand Vs. Tourism in Australia. What Factors of production of t
7. A countrys long run equilibrium price level has increased, but the position of its aggregate demand