Multiple Choice
If the present value of a given sum is equal to its future value, then
A) the discount rate must be very high
B) there is no inflation
C) the discount rate must be zero
D) none of the answers is correct
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q4: Keith Stone has a 10-year-old daughter, Kate,
Q19: The more frequent the compounding, the _.<br>A)
Q28: You wish to have $10,000 per year
Q30: Compare the difference between compound interest and
Q49: Bill Swill decides to try his luck
Q58: Sherry Smart is buying a $350,000 home
Q68: Alabama Power has preferred stock that pays
Q73: John borrowed $20,000 to finance his college
Q76: Finding the compound sum of $1,000 to
Q109: What is (are) the difference(s) between simple