If you knew that an investment was going to pay you $128 in 5 years, and you knew that the annual interest rate over that time would be 5 percent, you could calculate the present value to be:

A. $90.
B. $95.
C. $105.
D. None of these is true.

Answer: D

Economics

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An upward shift of the consumption function could be caused by a(n)

a. increase in the interest rate b. decrease in the interest rate c. decrease in wealth d. increase in the autonomous production e. increase in disposable income

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Describe a recent violation of the Wheeler-Lea Act of 1938

What will be an ideal response?

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