Which statement best describes how inflation affects the value of investments over time?
iterases the value of investments
it increases the value of money
uit decreases the value of money
it lontrols the value of investments

Amanda works as an industrial designer

Investment x offers to pay you $5,700 per year for 9 years, whereas investment y offers to pay you $8,300 per year for 5 years. if the discount rate is 6 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y $ if the discount rate is 16 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y

Describe the three different ways the argument section of a cover letter can be formatted