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57) Using a lower interest rate means the future is _____ compared with using a higher...

57) Using a lower interest rate means the future is _____ compared with using a higher interest rate.

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more greatly considered

equally considered

less greatly considered

0 0
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Answer #1

Less greatly considered

When the interest rate is reduced, the future value is also reduced which means the present is valued more than the future. due to this reason also the present discounted value will be increased.

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