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Test: AP Macroeconomics
1. | A consumer who discounts future payments at a rate of 10% per year will be willing to pay what amount for an asset that will pay $5000 in 3 years? |
$3756.57
$4545.45
$6655
$4132.23
$5000
Nicole
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College of St Benedict, Bachelor in Arts, Economics. University of South Florida-Main Campus, Master of Arts, Economics.
Rohit K
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Punjab Tech. University, Bachelor of Technology, Mechanical Engineering. Punjab Engineering College, Master of Engineering, M...
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