About how much is the present value of $1 that will be paid to you in 3 years if the interest rate were 5%?
A. $1.14
B. $1.05
C. $1.00
D. $.86
D. $.86
You might also like to view...
In the above figure, a regulation requiring average cost pricing would force the firm to produce at output level
A) Q1. B) Q2. C) Q3. D) Q4.
The demand for dollars will increase in foreign-exchange markets if:
A. U.S. interest rates are high relative to those overseas. B. the U.S. is perceived to be a riskier place for investment relative to other nations. C. foreigners want to buy less U.S. goods. D. US consumers decide to buy more foreign goods than before.
In order to have adequate water access, based on the World Bank definition, there should be
A. A public lake or stream within a mile of everyone's home. B. A private water pipe outside everyone's home. C. Indoor plumbing in at least one-quarter of the homes in a country. D. A protected public water pipe within half a mile of everyone's home.
Refer to the graph shown. A firm planning to produce 1,500 units of output would choose the scale of operation represented by:
A. SATC1. B. SATC2. C. SATC3. D. SATC4.