At Which Interest Rate Is the Present Value of $183

question 114

Multiple Choice

At which interest rate is the present value of $183.60 two years from today equal to about $173.06 today?

• A)2 percent
• B)3 percent
• C)4 percent
• D)5 percent

---

Definitions:

Tough Question

One that makes a person or group stop and think about why they are doing or not doing something.

Group Reflection

The process by which a group collectively thinks about and discusses its past actions, decisions, and outcomes to learn and improve.

Deserve Punishment

The belief that individuals who have committed wrongdoing or broken rules should face consequences for their actions.

Consideration

The degree to which the leader creates an environment of emotional support, warmth, friendliness, and trust.