As long as the interest rate is positive,the future value will always be larger than the present value given any period of time.

Question

Quizplus · Accepted Answer

This statement is true according to the concept of time value of money, which states that money available at the present time is worth more than the same amount in the future, due to its potential earning capacity (i.e. interest). Therefore, if the interest rate is positive, any amount of money invested or borrowed will grow over time, resulting in a higher future value compared to the present value.

As Long as the Interest Rate Is Positive,the Future Value