As the discount rate increases without limit, the present value of the future cash inflows:
A) Gets larger without limit.
B) Stays unchanged.
C) Approaches zero.
D) Gets smaller without limit, i.e. approaches minus infinity.
C
Business
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With a(n) ________ installment loan, interest charges are calculated using the original balance, and these charges are then added to the loan
A) simple interest method B) partial amortization method C) discount method D) add-on method E) none of the above
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Which of the following is not a form of electronic output?
A) fax B) email C) report D) bulletin board messages
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