In Calculating the Present Value of $1,000 to Be Received

question 14

Multiple Choice

In calculating the present value of $1,000 to be received 5 years from today, the discount factor has been calculated to be .7008. What is the apparent interest rate?

• A) 5.43%
• B) 7.37%
• C) 8.00%
• D)9.50%

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Definitions:

MicroRNA

Small non-coding RNA molecules involved in gene regulation by interfering with the translation of mRNA into proteins.

Cytoplasm

The gel-like substance inside a cell, excluding the nucleus, containing organelles in which the cell's processes occur.

Activators

Proteins that bind to specific DNA sites to increase the likelihood of transcription of a particular gene.

Transcription

The act of transferring the encoded information from a DNA strand into a novel molecule of messenger RNA (mRNA).