With a Constant Nominal Interest Rate Equal to I,the Present

question 17

Multiple Choice

With a constant nominal interest rate equal to i,the present discounted value of $1.00 to be received 4 years from today is equal to

• A)1+i.
• B)i4.
• C) (1+i)4.
• D)1 / (1+i)4.
• E)4(1+i).

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