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    Principles of Economics Study Set 8
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    Exam 27: Tools of Finance
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    If You Are Faced with the Choice of Receiving $500
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If You Are Faced with the Choice of Receiving $500

Question 99

Question 99

True/False

If you are faced with the choice of receiving $500 today or $800 6 years from today, you will be indifferent between the two possibilities if the interest rate is 8.148 percent.

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