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.
Illustrate with a graph the effects of monetary policy on the economy when exchange rates are flexible
What will be an ideal response?
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
Autonomous consumption refers to the level of consumption associated with a given level of income
Indicate whether the statement is true or false