The Present Value That Will Give a Future Value S $1 + r$

question 232

Multiple Choice

The present value that will give a future value S in 4 years with interest compounded annually varies inversely as the fourth power of $1 + r$ r, where r is the annual interest rate. If the present value of $3.71 gives a future value
Of $5000, what would be the present value of $10,000? Round to the nearest dollar.

• A) $8
• B) $5
• C) $7
• D) $45

Define public interest groups and discuss their strategies and interaction with elites.

Understand the significance of the collective action problem in the context of interest group politics.

Recognize the implications of high financial spending by interest groups on democratic systems.

Understand different strategies used by political interest groups.

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