Given That R Is the Rate of Interest,the Present Value

question 113

Multiple Choice

Given that r is the rate of interest,the present value of a dollar to be received a year from today equals

• A)$1 × r.
• B)$1 ÷ (1 - r).
• C)$1 × (1 + r).
• D)$1 ÷ r.
• E)$1 ÷ (1 + r).

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Definitions:

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A measure of thermal energy within a substance or environment, indicative of the degree of heat or coldness.

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The addition of a color to another color or image, often used to adjust shades or create a specific mood.