The one-year interest rate is 4.80 percent and the two-year interest rate is 5.13 percent. What is the one year interest rate one year from now? Assume the rates are effective annual rates.
A. 5.46 percent
B. 5.74 percent
C. 5.02 percent
D. 5.51 percent
E. 5.23 percent
Answer: A
You might also like to view...
Arthur’s actions do not coincide with Tilly’s beliefs. She would like to have Arthur be more in line with what she believes to be the correct course of actions. To do this, Tilly may try to gain which of the following, with regard to Arthur?
A. an external balance B. gain compliance C. minimal justification for action D. legitimacy
Which of the following is a characteristic of the standard normal probability distribution?
A. The mean, median, and the mode are not equal B. The distribution is not symmetrical C. The standard deviation must be 0 D. The standard deviation must be 1
________ stores are often large department stores, usually located at the ends of the arms of a mall, where they generate heavy traffic for the small stores between them.
A. Anchor B. Specialty C. Convenience D. Freestanding
A trust that is created by the terms of the will is called a(n) ________ trust
Fill in the blank(s) with the appropriate word(s).