If the Interest Rate Is 12

question 93

Multiple Choice

If the interest rate is 12.5 percent,what is the present value of $200 received in one year?

• A) $25
• B) $177.78
• C) $197
• D) $225

---

Definitions:

Habitability

The suitability of a living space being safe and comfortable enough for human occupancy.

Assign

To transfer rights or duties under a contract or legal agreement to another party.

Silent

Characterized by the absence of sound or the decision not to speak or disclose information.

Subleases

Agreements where the original lessee rents out the leased premises to another party.