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:

Verified
Correct Answer:
Verified
Related Questions
Q71: Managerial economics:<br>A) has little to say about
Q72: Consumer−consumer rivalry arises because of:<br>A) human nature.<br>B)
Q73: "Our marginal revenue is greater than our
Q74: What is the marginal net benefit
Q75: Which of the following is the main
Q77: Trade will take place:<br>A) if the maximum
Q78: In order to maximize net benefits,firms should
Q79: As the interest rate increases,the opportunity cost
Q80: Other things equal,the greater the interest rate:<br>A)
Q81: The marginal benefit in the table