If the Annual Interest Rate Is 10%,the Present Value of $100

question 3

Multiple Choice

If the annual interest rate is 10%,the present value of $100 to be received two years from now is

• A)$75.25.
• B)$82.64.
• C)$90.90.
• D)$94.73.
• E)$110.00.

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Definitions:

Foreign Key

In database management, a field in a table that is the primary key in another table, used to create and enforce a link between the tables.

Primary Key

A unique identifier for each record in a database table, used to ensure data integrity and facilitate indexing and retrieval of information.

Update Query

A database query that modifies the data in existing rows according to specified criteria without adding new data.

Design Grid

a framework of lines and columns used in design and layout to structure content, improve readability, and create a balanced appearance.