How much money would you have to put into a savings account today to be worth $500 three years from now at a market rate of interest equal to 8 percent?
A) $397
B) $351
C) $420
D) $459
Answer: A
Economics
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Marginal utility theory is used in the derivation of the
A) negative slope of demand curves. B) negative slope of supply curves. C) positive slope of demand curves. D) positive slope of supply curves.
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A reduction in the tariff on imported steel would most likely benefit a. workers in the steel industry
b. the domestic consumers of steel. c. the domestic producers of steel. d. foreign producers at the expense of domestic consumers.
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