menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Money Banking
  4. Exam
    Exam 4: Future Value, Present Value and Interest Rates
  5. Question
    Which of the Following Expresses 4.85
Solved

Which of the Following Expresses 4.85

Question 39

Question 39

Multiple Choice

Which of the following expresses 4.85%?


A) 0.0485
B) 4.850
C) 0.00485
D) 0.485

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q34: The price of a coupon bond will

Q35: Doubling the future value will cause:<br>A) the

Q36: A coupon bond is a bond that:<br>A)

Q37: What is the present value of $500

Q38: If a bond has a face value

Q40: Using the rule of 72, determine the

Q41: You win your state lottery. The lottery

Q42: What is the monthly interest rate if

Q43: If a bond has a face value

Q44: Explain why, if real interest rates are

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines