Which of the Following Has a Present Value of $100

question 407

Multiple Choice

Which of the following has a present value of $100?

• A)$110 in two years when the interest rate is 5 percent
• B)$112.36 in two years when the interest rate is 6 percent
• C)$117.49 in two years when the interest rate is 7 percent
• D)None of the above are correct to the nearest cent.

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Definitions:

Experiential Intelligence

A facet of intelligence that involves the ability to use personal experiences to effectively solve problems, adapt to new situations, and learn from past outcomes.

Kaufman Assessment Battery

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Sternberg Triarchic Abilities

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Wechsler Intelligence Scale

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