If the present value of110 to be received one year from now


If the present value of$110 to be received one year from now is$100, what will$100 be worth two years from now?

A. $100
B. $110
C. $121
D. Can't say since we don't know what the interest rate

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Microeconomics: If the present value of110 to be received one year from now
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