What is the present value of $575 in a one year if the current rate of interest is 4 percent?

A) $410.71 B) $552.88 C) $598 D) $805

B

Economics

You might also like to view...

Which of the following is true about the basis?

A. It tends to be less predictable than the cash price. B. It can be negative or positive. C. It is fairly consistent seasonally over time. D. B and C are correct

Economics

National income =

A) Consumption - Saving +Taxes B) Consumption - Saving - Taxes C) Consumption + Saving + Taxes D) Consumption + Saving - Taxes

Economics