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    Managerial Economics and Business Strategy Study Set 1
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    Exam 1: The Fundamentals of Managerial Economics
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    If the Interest Rate Is 3 Percent,the Present Value of $900
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If the Interest Rate Is 3 Percent,the Present Value of $900

Question 76

Question 76

Multiple Choice

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


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

Correct Answer:

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