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    Exam 15: Interest Rates and the Capital Market
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    If the Annual Interest Rate Is 6%,the Present Value of $100
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If the Annual Interest Rate Is 6%,the Present Value of $100

Question 49

Question 49

Multiple Choice

If the annual interest rate is 6%,the present value of $100 paid 3 years from now is


A) $15.15.
B) $40.00.
C) $56.45.
D) $83.96.
E) $94.34.

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