This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the interest rate is 10, then 1 today is worth how much one year from now? A) 1.10 B) 1.00 ... (Read 37 times)

NguyenJ

  • Hero Member
  • *****
  • Posts: 516
on: Jul 1, 2018
If the interest rate is 10, then 1 today is worth how much one year from now?
 
  A) 1.10
  B) 1.00
  C) 0.91
  D) 0.90

Question 2

If the interest rate is 10, then 1 received one year from now is worth how much today?
 
  A) 1.10
  B) 1.00
  C) 0.91
  D) 0.90


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aliotak

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

C


NguyenJ

  • Member
  • Posts: 516
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

mcarey591

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Astronomers identified 12-billion-year-old white dwarf stars only 100 light years away from Earth Astronomers identified 12-billion-year-old white dwarf stars only 100 light years away from Earth
Advection of an air mass with a different ELR (environmental lapse rate). Advection of an air mass with a different ELR (environmental lapse rate).
Enzymatic rate enhancements Enzymatic rate enhancements
Honey should never be given to children younger than one year of age Honey should never be given to children younger than one year of age
A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ... A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ...
Chinese Dragon new year 2024 Chinese Dragon new year 2024
Video: Burn Animation

For a complete list of videos, visit our video library