Which Is the Smallest If Interest Rates Are 8 Percent

question 3

Multiple Choice

Which is the smallest if interest rates are 8 percent?

• A) $100 to be received after five years
• B) the present value of an annuity of $100 for 5 years
• C) $100 received in the present
• D) $100 received for two years

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Definitions:

OneDrive

A Microsoft cloud storage service that allows users to store files and data online, enabling access from anywhere and sharing with others.

Groove Music

A digital music streaming service by Microsoft that allows users to listen to a library of music tracks, previously known as Xbox Music.

Windows 10 app

An application specifically designed to run on the Windows 10 operating system, available through the Microsoft Store.

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Digital files that store sound recordings, which can be played back on electronic devices.