When the Rate of Interest Is 10 Percent, the Present

question 271

Multiple Choice

When the rate of interest is 10 percent, the present value of $100 payable in two years is approximately

• A) $65.
• B) $83.
• C) $100.
• D) $117.

---

Definitions:

Vocabulary Tests

Assessments designed to measure understanding and use of a range of words and phrases.

Language Deficit

A lack or weakness in language abilities, typically characterized by difficulties in understanding or producing spoken or written language.

Semantics

The branch of linguistics and logic concerned with meaning, including the relations between signs and symbols and what they represent.

Pragmatics

The branch of linguistics dealing with the use of language in social contexts and the ways in which people produce and comprehend meanings through language.