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Author Question: If the interest rate is 8 percent, 54 next year is worth __________ today. a. 62 b. 50.68 c. 50 ... (Read 80 times)

mckennatimberlake

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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



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xthemafja

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Answer to Question 1

C

Answer to Question 2

A





 

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