Assume the current interest rate is 25%. The present value of $1,000 in one year would be

A. $180.
B. $450.
C. $750.
D. $800.

Answer: D

Economics

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It has been noted that a country that grants a considerable amount of economic freedom will experience

A) positive rates of per capita income growth. B) low levels of political freedom. C) dead capital. D) negative rates of per capita income growth.

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In what ways can expectations change your demand for a product today?

What will be an ideal response?

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