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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 85 times)

mckennatimberlake

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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


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xthemafja

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

C

Answer to Question 2

A


mckennatimberlake

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Reply #2 on: Jun 30, 2018
Thank you :)


xthemafja

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Reply #3 on: Jun 30, 2018
Happy to help you


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