4. If the interest rate is 5%, the amount received one year from now as a result...

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4. If the interest rate is 5%, the amount received one year from now as a result of lending $100 today is

a. $90.

b. $95.

c. $100.

d. $105.

e. $110.

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Macroeconomics In Modules

ISBN: 978-1464139055

3rd Edition

Authors: Paul Krugman ,Robin Wells

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