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present value/evaluating the future

Economics
Tutor: None Selected Time limit: 0 Hours

If the interest rate is 10 percent, the present value of $200 paid in one year equals

Dec 13th, 2014

!0% is easy because 10% = 10/100 

= 1/10

So all you need to do is divide by 10

$200 divided by 10 = $20





Dec 13th, 2014

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Dec 13th, 2014
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