If the annual interest rate is 7%, the present value of $100 to be received at the end of two years is

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If the annual interest rate is 7%, the present value of $100 to be received at the end of two years is

If the annual interest rate is 7%, the present value of $100 to be received at the end of two years is

▸ $107.00.

▸ $90.70.

▸ $93.46.

▸ $97.00.

▸ $87.34.

Textbook

Microeconomics

Edition: 17^th

Author: Ragan

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