« previous next »

Author Question: The present value of receiving 200 one year from now when the prevailing rate of interest is 8 ... (Read 57 times)

EAugust

  • Hero Member
  • *****
  • Posts: 550
on: Jun 30, 2018
The present value of receiving 200 one year from now when the prevailing rate of interest is 8 percent is
 a. 192
  b. 185.19
  c. 200
  d. 208
  e. 160

Question 2

Which one of the following is not true?
 a. An exchange rate is the price of one currency in terms of another.
  b. An exchange rate is the means by which the price of a good in one country is translated into the price to the buyer in another country.
  c. The cost of a foreign good in dollars will depend on the current exchange rate.
  d. The exchange rate will affect the willingness of foreign buyers and sellers to trade with each other.
  e. The exchange rate is the price of a currency in terms of another currency for exchanges of goods and services but not for financial transactions.


rekilledagain

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

E


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

In acute otitis media, the tympanic membrane is usually bulging and purulent fluid is present in the In acute otitis media, the tympanic membrane is usually bulging and purulent fluid is present in the
Crossing over during meiosis leads to allele combinations in sex cells that are not present in the p Crossing over during meiosis leads to allele combinations in sex cells that are not present in the p
Political parties vs interest groups Political parties vs interest groups
How to calculate simple interest (Part 1) How to calculate simple interest (Part 1)
How to calculate compound interest (Part 1) How to calculate compound interest (Part 1)
If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ... If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ...
Video: How to make cDNA Animation

For a complete list of videos, visit our video library