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    Principles of Macroeconomics Study Set 8
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    Exam 14: The Basic Tools of Finance: Present Value Measuring the Time Value of Money
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    If You Put $250 into an Account with a 4
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If You Put $250 into an Account with a 4

Question 172

Question 172

Multiple Choice

If you put $250 into an account with a 4 percent interest rate,how many years would you have to wait to have $432.92?


A) 10
B) 14
C) 17
D) 20

Correct Answer:

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