If the Interest Rate Was 6 Percent, the Combined Net

question 57

Multiple Choice

If the interest rate was 6 percent, the combined net present value of two payments of $100, one to be received one year from now and the other two years from now, would be

• A) $89.00.
• B) $94.34.
• C) $183.34.
• D) $200.00.

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Definitions:

Action Query

In database management, a type of query that makes changes to multiple records at once, based on specified criteria.

Run Button

A user interface element that, when clicked, executes or starts a program or process.

Update Button

A control element in software interfaces that initiates the process of downloading and installing the latest software updates.