This topic contains a solution. Click here to go to the answer

Author Question: If the interest rate is 8 percent, 54 next year is worth __________ today. a. 62 b. 50.68 c. 50 ... (Read 75 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
If the interest rate is 8 percent, 54 next year is worth __________ today.
 a. 62
  b. 50.68
  c. 50
  d. 62
  e. 4.32

Question 2

Bank deposits denominated in Mexican pesos are an example of foreign exchange.
 a. True
  b. False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

xthemafja

  • Sr. Member
  • ****
  • Posts: 348
Answer to Question 1

C

Answer to Question 2

A





 

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

For a complete list of videos, visit our video library