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    Exam 18: Markets for Factors of Production
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    If the Interest Rate Is 8 Percent, the Present Value
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If the Interest Rate Is 8 Percent, the Present Value

Question 149

Question 149

Multiple Choice

If the interest rate is 8 percent, the present value of $10,000 to be received 10 years from today is about


A) $21,589.
B) $9,259.
C) $4,632.
D) $10,800.

Correct Answer:

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