If the Interest Rate Is 4 Percent, the Present Value

question 70

Multiple Choice

If the interest rate is 4 percent, the present value of $10,000 to be received one year from today is about

• A) $9,246.
• B) $9,615.
• C) $10,816.
• D) $10,400.

---

Definitions:

Labour In Canada

The workforce or labour force of Canada, encompassing all individuals engaged in work, seeking work, or available for work in the country.

Unsustainable Forces

Factors or trends that cannot be maintained long-term without causing negative impacts on resources, economies, or the environment.

Economy

The system of production, distribution, and consumption of goods and services within a particular geographic region.

Qualitative Models

These are non-numerical frameworks or approaches used to understand patterns, processes, or behaviors in various fields such as social sciences or business.