With a Constant Nominal Interest Rate Equal to I,the Present

question 81

Multiple Choice

With a constant nominal interest rate equal to i,the present discounted value of $1.00 to be received 4 years from today is equal to

• A)1 + i.
• B)i⁴.
• C)(1 + i)⁴.
• D)1 / (1 + i)⁴.
• E) 4(1 + i).

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Definitions:

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