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djsmyers djsmyers
wrote...
Posts: 764
Rep: 5 0
6 years ago
If the interest rate is 10%, then $1 received one year from now is worth how much today?
A) $1.10
B) $1
C) 91¢
D) 90¢
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
Read 81 times
1 Reply
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Answer verified by a subject expert
unExpectedunExpected
wrote...
Posts: 267
6 years ago
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* Majoring in business & math

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djsmyers Author
wrote...

6 years ago
Just got PERFECT on my quiz
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

2 hours ago
Good timing, thanks!
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