Multiple Choice
If Brazil has an annual inflation rate of 11% and an item will cost 125,000 reals in 3 years, what does the same item cost now Round to the nearest real. ?
A) 91,389 reals
B) 91,399 reals
C) 91,394 reals
D) 172,355 reals
E) 173,610 reals
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q62: Find the simple interest on a $3,000
Q63: Find the simple interest on a $3,000
Q64: Find the present value of the decreasing
Q65: You deposit $1,500 in an account at
Q66: Find the simple interest on a $20,600
Q68: Calculate, to the nearest 0.1%, what annual
Q69: A two-year bond has a maturity value
Q70: A $6,000 loan, taken now, with a
Q71: Find the amount accumulated in an increasing
Q72: Find the present value of the