If the Interest Rate Is 10 Percent, the Net Present

question 80

Multiple Choice

If the interest rate is 10 percent, the net present value of $500 to be received one year from now is

• A) $413.22.
• B) $450.
• C) $454.55.
• D) $500.

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Definitions:

Field Size

Specifies the maximum amount of data storage allocated for a particular field in a database table.

Table Datasheet

A view that displays database tables in rows and columns, similar to a spreadsheet.

Default Value

A predefined value automatically assigned to a field or parameter if no other value is provided by the user.

Decimal Places

The number of digits to the right of the decimal point in a number, indicating its precision.