The present value of a single future sum:
A.
increases as the number of discount periods increas.
B.
is generally larger than the future sum.
C.
increases as the discount rate increases.
D.
depends upon the number of discount periods.
A.
increases as the number of discount periods increas.
B.
is generally larger than the future sum.
C.
increases as the discount rate increases.
D.
depends upon the number of discount periods.
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