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    Economics Study Set 1
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    Exam 15: Interest Rates and the Capital Market
  5. Question
    If the Annual Interest Rate Is 10%,the Present Value of $100
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If the Annual Interest Rate Is 10%,the Present Value of $100

Question 3

Question 3

Multiple Choice

If the annual interest rate is 10%,the present value of $100 to be received two years from now is


A) $75.25.
B) $82.64.
C) $90.90.
D) $94.73.
E) $110.00.

Correct Answer:

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