What is the present value of $100 three years from now at an interest rate of 6%?
A) $83.96
B) $82
C) $94.34
D) $119.10
Answer: A
Economics
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Indicate whether the statement is true or false
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If the saving schedule is a straight line, the:
A. MPS must be constant. B. APS must be constant. C. APC must be constant. D. MPC must be rising.
Economics