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  3. Study Set
    Principles of Microeconomics
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    Exam 11: Input Demand: the Capital Market and the Investment Decision
  5. Question
    If the Interest Rate Is 7 Percent, the Value of $350
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If the Interest Rate Is 7 Percent, the Value of $350

Question 13

Question 13

Multiple Choice

If the interest rate is 7 percent, the value of $350 today after one year would be


A) $357.00.
B) $362.50.
C) $374.50.
D) $387.75.

Correct Answer:

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