If you knew that an investment was going to pay you $215,892.50 in 10 years, and you knew that the annual interest rate over that time would be 8 percent, you could calculate the present value to be:
A. $100,000.
B. $150,000.
C. $125,000.
D. $80,000.
Answer: A
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If the price of TVs produced by XYZ-TV Company falls from $1,000 to $750 per TV set, then the:
A. supply of labor to the XYZ-TV Company increases. B. demand for labor by the XYZ-TV Company increases. C. supply of labor to the XYZ-TV Company decreases. D. demand for labor by the XYZ-TV Company decreases.
Autonomous consumption refers to the level of consumption associated with a given level of income
Indicate whether the statement is true or false
All of the following concerns have been raised about crowd funding EXCEPT:
A) possibility of fraud B) lack of liquidity C) information costs D) limits access to funds for business start ups
Illustrate with a graph the effects of monetary policy on the economy when exchange rates are flexible
What will be an ideal response?