Solved

The Present Value of $100 to Be Received One Year

Question 65

Multiple Choice

The present value of $100 to be received one year from now,with an annual interest rate of 8%,is

A) $85.73.
B) $94.34.
C) $92.59.
D) $102.13.
E) $108.00.

Related Questions

Q60: Households' supply of financial capital is derived

Q61: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5441/.jpg" alt=" FIGURE 15-2 -Refer

Q62: Suppose a piece of capital equipment will

Q63: The firm in the table below produces

Q64: A lottery winner receives a $100 000

Q66: In general,a profit-maximizing firm will purchase a

Q67: In a competitive market for capital equipment,the

Q68: The Canadian federal government can encourage a

Q69: What is the most fundamental purpose of

Q70: Which of the following best explains why