[Answered] If the interest rate is 8 percent, 54 next year is worth _________

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 76 times)

mckennatimberlake

Hero Member
Posts: 559

on: Jun 30, 2018

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

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

Reply #1 on: Jun 30, 2018

Answer to Question 1

C

Answer to Question 2

A

mckennatimberlake

Hero Member
Posts: 559

Reply #2 on: Jun 30, 2018

Thank you

xthemafja

Sr. Member
Posts: 348

Reply #3 on: Jun 30, 2018

Happy to help you

« previous next »

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

THE RATE OF PHOTOSYNTHESIS

CT imaging of glioblastoma in a 6-year-old girl.

Saving Rate by Decile of Income per Capita

essay on friendship written by a 10-year-old

Belief that premarital sex is “not wrong at all,” Canada, 1975—2016 (in percent)

Irene Manufacturing uses a predetermined overhead allocation rate based on a percentage of ...

Author Question: If the interest rate is 8 percent, 54 next year is worth __________ today. a. 62 b. 50.68 c. 50 ... (Read 76 times)

Related Topics

Need homework help now?