Refer to Figure 11.1. If the market rate of interest is 10%, this firm's investment will total

A) $0.
B) $5,000.
C) $7,000.
D) $15,000.

Market Rate

The prevailing price or interest rate available in the marketplace for goods, services, or financial assets.

Interest

Interest is the cost of borrowing money, typically expressed as a percent of the amount borrowed, paid by the borrower to the lender.