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    Microeconomics Canada
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    Exam 17: Markets for Factors of Production
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    If the Interest Rate Is 10 Percent Per Year,the Present
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If the Interest Rate Is 10 Percent Per Year,the Present

Question 116

Question 116

Multiple Choice

If the interest rate is 10 percent per year,the present value of $100 in two years is


A) $80.00.
B) $82.64.
C) $90.91.
D) $120.00.
E) $121.00.

Correct Answer:

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