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    Microeconomics Study Set 3
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    Exam 16: Interest Rates, Investments, and Capital Markets
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    If You Invest $500 Today,and the Value One Year from Today
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If You Invest $500 Today,and the Value One Year from Today

Question 88

Question 88

Multiple Choice

If you invest $500 today,and the value one year from today is $1000,then the annual interest rate must be


A) 10%.
B) 50%.
C) 100%.
D) 200%.

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