What is the present value of $100 three years from now at an interest rate of 6%?
A. $83.96
B. $119.10
C. $94.34
D. $82
Answer: A
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Ezybuy is a newly opened chain of departmental stores that offers its customers free home delivery for purchases above $100 . If this promotional policy increases the cost borne by the seller by $10 for every transaction, while each customer values this service at $3, it can be said to generate economic value
Indicate whether the statement is true or false
Assuming a 5 percent rate of interest, the present value of a business that generates an annual income of $20,000 is worth
a. $1,000 b. $20,000 c. $400,000 d. $80,000 e. $100,000
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