Present value of given interest rate
An interest rate of 10 percent causes the present value of $1000 acquired one year by now to be: (w) $1000. (x) $1,100. (y) $909.09. (z) $100. Hey friends please give your opinion for the problem of Economics that is given above.
An interest rate of 10 percent causes the present value of $1000 acquired one year by now to be: (w) $1000. (x) $1,100. (y) $909.09. (z) $100.
Hey friends please give your opinion for the problem of Economics that is given above.
Inferior goods in economics: Inferior goods refer to such goods whose demand reduces with the rise in income of consumer.
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