What is the present value of $100 three years from now at an interest rate of 6%?
A) $83.96
B) $82
C) $94.34
D) $119.10
Answer: A
Economics
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If the principal amount of a bond is $2,000,000, the coupon rate is 6 percent , and the inflation rate is 4 percent, then the annual coupon payment made to the holder of the bond is:
A. $80,000. B. $40,000. C. $120,000. D. $12,000.
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The principal lender-savers are
A) governments. B) businesses. C) households. D) foreigners.
Economics
An increase in a consumer's income will increase the Marginal Rate of Transformation
Indicate whether the statement is true or false
Economics
When setting prices, the monopolist may choose to charge alternative customers different prices based on: a. geographical location. b. age
c. income. d. all of the above
Economics