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Author Question: What is the difference between the present value of 550 to be received after 3 years and after 5 ... (Read 69 times)

Jkov05

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on: Jun 30, 2018
What is the difference between the present value of 550 to be received after 3 years and after 5 years from now at an annual interest of 15 percent?
 a. 73.49
  b. 61.60
  c. 250.02
  d. 88.11

Question 2

Price elasticity of demand is defined as
 A) the percentage change in the quantity demanded of some product resulting from a one percent change in price.
  B) the percentage change in the quantity demanded of some product resulting from a change in price.
  C) the change in quantity demanded resulting from a one percent change in price.
  D) the change in quantity demanded resulting from a change in price.


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johnpizzaz

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


Jkov05

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

nyrave

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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