If an asset has a future value of $120, a present value of $30, and an interest rate of 4%, how many periods of compounding are there?
A) 45 periods
B) 35 periods
C) 28 periods
D) 100 periods
B
Economics
You might also like to view...
Why does a monopsonist's marginal expenditure curve lie above the labor supply curve?
What will be an ideal response?
Economics
By opening up to foreign markets, two things that countries generally experience are:
A. gaining access to a wide array of new products and saving money through access to cheaper goods. B. saving money through access to cheaper goods and finding new customers who generally pay less for their products. C. increase in negative trade outcomes with that nation and finding customers who generally pay less for their products. D. gaining access to a wide array of new products and increase in negative trade outcomes with that nation.
Economics