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To estimate the future value of a resource, the World Bank and most businesses use _____.   a. a 10% annual discount rate   b. a 20% annual decrease   c. a 20% annual gain in value   d. a 10% annual increase   e. complicated calculations based upon the specific resource

To estimate the future value of a resource, the World Bank and most businesses use _____.   a. a 10% annual discount rate   b. a 20% annual decrease   c. a 20% annual gain in value   d. a 10% annual increase   e. complicated calculations based upon the specific resource

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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QUESTION 37

  1. To estimate the future value of a resource, the World Bank and most businesses use _____.
      a.
    a 10% annual discount rate
      b.
    a 20% annual decrease
      c.
    a 20% annual gain in value
      d.
    a 10% annual increase
      e.
    complicated calculations based upon the specific resource
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