Multiple Choice
If the 5-year discount factor is 0.7008,what is the interest rate?
A) 5.43%
B) 7.37%
C) 8.00%
D) 9.50%
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q25: If the five-year discount factor is d,what
Q26: When money is invested at compound interest,the
Q27: It is important to discount both real
Q28: What is the effective annual rate of
Q29: Would a depositor prefer an APR of
Q31: If the interest rate is 6%,which of
Q32: What is the effective annual interest rate
Q33: You will be receiving cash flows of:
Q34: Present values can always be calculated by
Q35: A car dealer offers payments of $522.59