If the Interest Rate Is Positive, the Present Value of $10

question 212

Multiple Choice

If the interest rate is positive, the present value of $10 to be received in the future is

• A)less than $10.
• B)equal to $10.
• C)more than $10.
• D)Any of the above is possible, depending on the interest rate and when the payment is to be received.

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Definitions:

Ladder Rung

A horizontal row in a ladder logic diagram, representing a condition leading to an outcome in programmable logic controllers (PLCs).