If the One-Year Discount Factor Is Equal to 0

question 85

Multiple Choice

If the one-year discount factor is equal to 0.94340, the interest must be equal to ________,

• A) 3.0%
• B) 4.8%
• C) 5.5%
• D) 6.0%

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Definitions:

Internet Access

The ability of individuals or organizations to connect to the Internet through a computer or other device.

RFID

Radio-Frequency Identification, a technology that uses electromagnetic fields to automatically identify and track tags attached to objects.

Network Protocol

A set of rules and conventions for data communication over a computer network, facilitating the exchange of information between devices.

Mobile Hotspot

A feature on smartphones and portable devices that allows them to function as a wireless access point, providing internet connectivity to other devices.