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    If the Interest Rate Is 10%,then $1 Today Is Worth
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If the Interest Rate Is 10%,then $1 Today Is Worth

Question 46

Question 46

Multiple Choice

If the interest rate is 10%,then $1 today is worth how much one year from now?


A) $1.10
B) $1
C) 91¢
D) 90¢

Correct Answer:

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