5. What is the present value of $100 realized two years from now if the interest rate...

Question:

5. What is the present value of $100 realized two years from now if the interest rate is 10%?

a. $80

b. $83

c. $90

d. $100

e. $110

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Macroeconomics In Modules

ISBN: 978-1464139055

3rd Edition

Authors: Paul Krugman ,Robin Wells

Question Posted: