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Use the following to answer questions
Figure: Interpreting a Market Graph Use the following to answer questions  Figure: Interpreting a Market Graph   -(Figure: Interpreting a Market Graph) The graph represents: A)  willingness-to-pay. B)  the price system. C)  the law of supply. D)  the law of demand.
-(Figure: Interpreting a Market Graph) The graph represents:


Definitions:

Future Payments

Future payments refer to money that will be paid at a forthcoming date as a result of contractual obligations or anticipated transactions.

Interest Rate

The fraction of a loan that is assessed as interest for the borrower, often shown as a yearly percentage.

Interest Rate

The cost of borrowing money, expressed as a percentage of the amount borrowed.

Present Value

The current financial valuation of a sum of money due in the future or stream of income, based on a specific interest rate.

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