question archive Which of the following statements is NOT correct? A
Which of the following statements is NOT correct? A
Subject:BusinessPrice: Bought3
Which of the following statements is NOT correct? A. Other things being equal, a higher interest rate leads to a higher future value. B. Other things being equal, a higher interest rate for an amortised loan implies a higher regular repayment amount. C. Other things being equal, a lower interest rate causes a lower present value. D. Other things being equal, a lower interest rate is preferred for borrowing.
