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    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 9 Percent, to Get Back
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If the Interest Rate Is 9 Percent, to Get Back

Question 16

Question 16

Multiple Choice

If the interest rate is 9 percent, to get back $800 in one year you would need to deposit ________ today.


A) $720.72.
B) $714.29.
C) $733.95.
D) $791.00.

Correct Answer:

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