You want to make a one-time deposit today that will increase in value to $100 at the end of this year.Which rate of interest will allow you to deposit the least amount today to reach this goal?
A) 3.8%
B) 2.6%
C) 2.9%
D) 3.6%
E) 3.4%
Correct Answer:
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Q1: Which one of these statements related to
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A)the APR,excluding fees
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A)taking the cash discount
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