The present value of a single future sum of money is inversely related to both the number of years until payment is received and the discount rate.
Indicate whether the statement is true or false
TRUE
Business
You might also like to view...
Which of the following terms refers to the practice by a country of rallying public opinion in favor of national goals and against foreign influences?
A) nationalism B) privatization C) protectionism D) governmentalism
Business
Physically, the heart of a WLAN is a ________ that connects wireless devices to the desired network
A) router B) wireless network PC card C) wireless access point D) modem
Business