What Is the Present Value of $888 in One Year

question 77

Multiple Choice

What is the present value of $888 in one year if the current rate of interest is five percent?

• A)$4,440
• B)$845.71
• C)$177.60
• D)none of these

Understand the coefficient of determination and its advantages over correlation coefficients.

Differentiate between positive and negative slopes in linear relationships.

Grasp the mathematical distinctions in calculations related to the Pearson correlation coefficient.

Understand the purpose and interpretation of scatterplots.

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