If the Interest Rate Is 10 Percent, the Net Present

question 80

Multiple Choice

If the interest rate is 10 percent, the net present value of $500 to be received one year from now is

• A) $413.22.
• B) $450.
• C) $454.55.
• D) $500.

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15th Amendment

An amendment to the United States Constitution, ratified in 1870, that granted African American men the right to vote by stating that the right to vote could not be denied based on race, color, or previous condition of servitude.

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