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Linda_us, Finance, Accounts & Homework Tutor
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5. The amount of money that would have to be invest today at

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5. The amount of money that would have to be invest today at a given interest rate over a specified period in order to equal a future amounts is called the:
A.present value interest factor.
B.present value.
C.future value.
D.future value interest factor.
6. The future value of a dollar _________ as the interest rate increases and __________ the farther in the future the initial deposit is to be received.
A.increases, increases
B.decreases; increases
C.decreases; decreases
D.increases; decreases
7.For a given interest rate, as the length of the time in the future until receipt of funds increases, the present value interest factor: (Points: 5)
B.remains unchanged.
D.changes proportionately.
8.Which of the following would cause a decrease in cash:
A.lengthening the time it takes to collect receivables from 15 to 30 days.
B.selling fixed assets for more money than book value. increase in accrued salaries expense.
D.paying suppliers in 60 days versus 45 days.
Submitted: 7 years ago.
Category: Homework
Expert:  Linda_us replied 7 years ago.

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