If the interest rate is 4 percent, the present value of $10,000 to be received two years from today is about
A) $9,246.
B) $9,615.
C) $10,816.
D) $10,400.
A
You might also like to view...
When attempting to build a shopping center the size of several city blocks a developer anticipates a holdout problem in his preferred location. Which of the following is not an option the developer has available to get around the holdout problem?
a. Substituting to another location by building the shopping center on former farmland on the urban fringe. b. Lobbying the local government to use eminent domain on potential holdouts. c. Attempting to purchase the properties through dummy corporations to hide his true intent. d. Using contracts that increase everyone's sale price by a small percentage if everyone sells.
Carlos Silva, a Colombian singer, goes on tour to the United States for one month, following high American demand for his live shows. Assuming that all the show's expenses are paid by the U.S. promoters, other things equal, the U.S. tour will bring about:
a. a decreased supply of Colombian pesos in the foreign exchange market. b. an increased supply of American dollars in the foreign exchange market. c. an increased supply of Colombian pesos in the foreign exchange market. d. a decreased demand for Colombian pesos in the foreign exchange market. e. an increased demand for American dollars in the foreign exchange market.
Why is the Chair of the Fed Reserve considered by many to be the most powerful person in the economic world?
Workspace While the term project charter is a widely used standard, some organizations use other names. Which of the below would NOT be an alternative name for a project charter?
a. Project planning form b. Project submission form c. Project request d. Detailed project management plan