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    Exam 18: Markets for Factors of Production
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    If Delores Wanted to Make Sure That She Had $3,000
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If Delores Wanted to Make Sure That She Had $3,000

Question 195

Question 195

Multiple Choice

If Delores wanted to make sure that she had $3,000 a year from now, how much would she need to save now if the interest rate is 7 percent?


A) $3000
B) $2804
C) $2790
D) $2666

Correct Answer:

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