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Author Question: If the interest rate is 10, then 1 today is worth how much one year from now? A) 1.10 B) 1.00 ... (Read 36 times)

NguyenJ

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  • Posts: 516
on: Jul 1, 2018
If the interest rate is 10, then 1 today is worth how much one year from now?
 
  A) 1.10
  B) 1.00
  C) 0.91
  D) 0.90

Question 2

If the interest rate is 10, then 1 received one year from now is worth how much today?
 
  A) 1.10
  B) 1.00
  C) 0.91
  D) 0.90


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aliotak

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Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

C


NguyenJ

  • Member
  • Posts: 516
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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