The value of a future amount expressed in today's dollars is
A) the interest rate.
B) present value.
C) the discount rate.
D) the inflation rate.
Correct Answer:
Verified
Q322: The real rate of interest is 4%
Q323: What is the present value of $100
Q324: Interest rates perform the function of
A) signaling
Q325: What is the present value of $100
Q326: What is the present value of $100
Q328: The most that someone would pay today
Q329: What is the present value of $100
Q330: What is the present value of $100
Q331: The nominal rate of interest is 2%
Q332: If the nominal interest rate is high
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents