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Author Question: Suppose an investment will yield 1,000 after one year and 2,000 after two years. What is the present ... (Read 72 times)

rayancarla1

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Suppose an investment will yield 1,000 after one year and 2,000 after two years. What is the present value of this investment if the discount rate is 8 percent?
 a. 2,479.34
  b. 2,640.60
  c. 2,727.27
  d. 3,000
  e. 3,520

Question 2

If the U.S. dollar appreciates, it becomes cheaper for Australians to visit their relatives in the United States.
 a. True
  b. False



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Meganchabluk

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Answer to Question 1

B

Answer to Question 2

B




rayancarla1

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


laurnthompson

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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