Multiple Choice
The current price on a 60-inch flat panel LCD HD television is $2,300.Big screen HD television prices have dropped at an average rate of 9% per year in recent years.If you expect this trend to continue,how much will this style of television cost in three years?
A) $2,979
B) $2,300
C) $1,958
D) $1,733
Correct Answer:
Verified
Correct Answer:
Verified
Q12: Gasoline cost $.10 per gallon in 1930.Over
Q13: The question "How long will I have
Q14: You wish to make a substantial down
Q16: Which of the following is the correct
Q17: Assume you put $2,000 into a tax-free
Q35: Sam wishes to invest $8,000 into an
Q47: Which of the following will result in
Q66: Which of the following investments has a
Q93: Consider the TVM equation: The future value
Q111: If interest rates are positive,then discounting increases