Which of the following will increase the future value of a lump sum investment? i. decreasing the interest rate; ii. increasing the interest rate; iii. increasing the time period; iv. decreasing the amount of the lump sum investment

II. Increasing the interest rate;

III. Increasing the time period;

Explanation:

these two factors will increase the future value of a lump sum investment.

This can be explained as -

Suppose, a sum of $ 1,000 invested for 10 years @ 5 %, it will result in $ 1,628.89.

Now, if we increase the time period to 11 years, it will result in 1,710.34  And now if we increase the rate of interest to 6 %, it will result in $ 1,898.30

answer; (c) canada,mexico and the united states. i do believe this is the correct answer; /// good luck

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