If the Interest Rate That You Could Earn on Your

question 78

Multiple Choice

If the interest rate that you could earn on your savings is 4% per year,then your decision to spend $1500 on a big screen TV today "costs" you ________ in potential forgone spending one year from now.

• A)$0
• B)$60
• C)$120
• D)$1500
• E)$1560

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Definitions:

E-Mail Clients

Software applications used to access and manage a user’s email.

Web 2.0

Tools and Web-based services that emphasize online collaboration and sharing among users.

Online Documents

Digital documents that are created, stored, and viewed on a computer or mobile device, often accessible via the internet for sharing, collaboration, or public presentation.