What is the present value of $960 in one year if the current rate of interest is 6 percent?
A) $676.76 B) $905.66 C) $1,017.60 D) $1,449.46
B
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The last of the public land was sold between 1881 and 1907
Indicate whether the statement is true or false
In the 1920s, American (non-farm) labor benefited from all of the following except:
a. low unemployment rates. b. falling weekly work hours. c. legal limits on immigration. d. passage of federal minimum wage legislation.
If demand is perfectly inelastic,
a. the percent change in quantity demanded divided by the percent change in price is zero b. the demand curve is a vertical line c. supply is perfectly inelastic too d. consumers have power over prices e. the percentage change in price divided by the percentage change in quantity demanded is zero
Investors in real estate can choose to hold properties directly in the private market or indirectly through publicly traded real estate securities. The market for buying selling, and leasing real estate can be characterized by all of the following EXCEPT:
A. localized markets B. highly segmented markets C. privately negotiated contracts D. low transaction costs