Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Munze Munze
wrote...
Go to Answer
Posts: 996
Rep: 0 0
6 years ago
If the nominal interest rate is 20% per year, how much money can an individual borrow today if she wants to repay $100 in one year?
A) $80.00
B) $83.33
C) $120.00
D) $78.00
E) $121.00
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
Read 66 times
2 Replies
Macroeconomics, 6/E (Blanchard, Johnson)
Replies
Answer verified by a subject expert
vonCOLLINZOvonCOLLINZO
wrote...
#1
Top Poster
Posts: 638
Rep: 8 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Munze Author
wrote...
#2
5 years ago
Extremely insightful, tysm
Macroeconomics, 6/E (Blanchard, Johnson)
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1272 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 1570
  
 152
  
 4299
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: What's your favorite math subject?