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Chapter 06 - Quiz

# Chapter 06 - Quiz - Chapter#6 Name Take-Home Quiz...

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Chapter #6 Take-Home Quiz Name Section/Time Chapter 06 - Take-Home Quiz.doc Instructions: The questions in this quiz are very similar to the types of questions you will see on the midterm and final exams. Circle the choice that best answers the question. Turn in your quiz at the beginning of class on the scheduled due date. I suggest you work on this take-home quiz individually to maximize the learning potential. However, you are permitted to work on the quizzes in groups. 1 The present value of one dollar is a. the amount that must be invested at a given rate of interest for a given number of periods to grow to one dollar. b. the amount to which one dollar will grow given a particular interest rate for a given period of time. c. the amount that must be invested each period at a given rate of interest for a given number of periods to be worth a dollar today. d. all of the above are true. e. none of the above are true.

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