Question: If the one - year discount factor is equal to 0 . 9 2 6 , the interest must be equal to A . 7

If the one - year discount factor is equal to 0.926, the interest must be equal to
A.7.5%
B.8%
C.6.4%
D.4%
 If the one - year discount factor is equal to 0.926,

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!