If the present discounted value of $134 next year is $115 this year,then what is the implied annual rate of interest?
A) 7.63%
B) 9.5%
C) 13.34%
D) 16.52%

Name: If the present discounted value of $134 next year is $115 this year,then what is the implied annual rate of interest? A) 7.63% B) 9.5% C) 13.34% D) 16.52%
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The Answer of If the present discounted value of $134 next year is $115 this year,then what is the implied annual rate of interest?
A) 7.63%
B) 9.5%
C) 13.34%
D) 16.52%

If the Present Discounted Value of $134 Next Year Is