Question 22 1 pts 700 The following table shows Alex's estimated annual benefits of holding different amounts of money.
Posted: Mon Apr 18, 2022 9:17 am
Question 22 1 pts 700 The following table shows Alex's estimated annual benefits of holding different amounts of money. Average money holdings () Total benefit ($) 50 800 59 900 66 1000 71 1100 74 How much money will Alex hold if the nominal interest rate is 4 percent? (Assume she wants her money holdings to be in multiples of $100.) O 800 O 1000 0 700 900