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Economics, Microeconomics
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32- Interest Rates


What is the present value of $50 per year in each of the next three years if the interest rate is 10 percent?

a) $150
b) $45.45
c) $124.34
d) $165.00
e) $168.00

By OTA:  Suraj Joshi, PhD (IP)

OTA Rating:  4.7/5

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