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    Managerial Economics
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    Exam 1: The Fundamentals of Managerial Economics
  5. Question
    If the Interest Rate Is 3%, the Present Value of $900
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If the Interest Rate Is 3%, the Present Value of $900

Question 89

Question 89

Multiple Choice

If the interest rate is 3%, the present value of $900 received at the end of 4 years is:


A) $792.00
B) $799.64.
C) $873.79.
D) $927.40

Correct Answer:

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