Solution-You are inspecting a present value table as the

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You are inspecting a present value table. As the interest rate increases, you should expect the table value to:

a. increase.

b. decrease.

c. increase if it is a present value of a single sum table, but decrease if it is a present value of an annuity table.

d. decrease if it is a present value of a single sum table, but increase if it is a present value of an annuity table.

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