In the Constitution,the Powers to Coin Money,to Enter into Treaties,and

question 102

Multiple Choice

In the Constitution,the powers to coin money,to enter into treaties,and to regulate commerce with foreign nations and among the states were given to

• A)neither the individual states nor the national government.
• B)the national government.
• C)the individual states.
• D)the Senate only.
• E)both the individual states and the national government.

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Definitions:

Present Value

The value as of now of a future amount of money or subsequent cash flows, based on a chosen return rate.

Compound Interest

Interest that is determined by taking into account not only the original principal of a deposit or loan but also all the interest that has been compounded in previous cycles.

Earnings Rate

The return on an investment or the amount of profit made compared to the amount of money invested.

Internal Rate of Return

An investment’s projected rate of return, calculated by finding the discount rate that sets the net present value of all cash flows (both positive and negative) to zero.