If the Present Value of $500 to Be Received in One

question 14

Multiple Choice

If the present value of $500 to be received in one year is $463,the interest rate is

• A)5 percent per year.
• B)8 percent per year.
• C)10 percent per year.
• D)20.8 percent per year.
• E)37 percent per year.

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Definitions:

Blood Sugar Levels

The concentration of glucose in the blood, which is a critical aspect of metabolic health and energy supply for the body.

Energy

The capacity to do work or produce change, existing in various forms such as kinetic, potential, thermal, electrical, chemical, and nuclear.

Sex Hormones

Chemical substances produced by the body that regulate the development and function of reproductive organs and secondary sexual characteristics.

Puberty

The developmental stage during which children mature sexually and become capable of reproduction.