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Author Question: If a project costs 3,500 today and pays a return of 4,200 next year, what is the highest interest ... (Read 66 times)

Lobcity

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on: Jun 30, 2018
If a project costs 3,500 today and pays a return of 4,200 next year, what is the highest interest rate at which the project should be undertaken?
 
  A) 7 percent B) 14 percent C) 20 percent D) 70 percent

Question 2

For the past several decades, the U.S. M1 multiplier has been between
 
  A) 1.0 and 2.0. B) 2.5 and 3.0. C) 3.0 and 6.0. D) 6.5 and 10.0.


mammy1697

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


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