This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A major corporation hires high school students on a part-time basis. It offers a reward of 5,000 to ... (Read 88 times)

student77

  • Hero Member
  • *****
  • Posts: 567
on: Jul 1, 2018
A major corporation hires high school students on a part-time basis. It offers a reward of 5,000 to any of its high school seniors who graduate college in four years. What is the present value of that reward to a student who just finished her junior year of high school, assuming a nominal rate of interest of 8?
 
  What will be an ideal response?

Question 2

A state lottery has a Million Dollar Lottery game that pays 1,000 a week for life. Assuming a 6 nominal rate of interest and generously assuming an infinite lifetime, can this game be called a Million Dollar Lottery?
 
  What will be an ideal response?
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

millet

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


student77

  • Hero Member
  • *****
  • Posts: 567
Reply #2 on: Jul 1, 2018
Thank you :)


millet

  • Sr. Member
  • ****
  • Posts: 354
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Striking examples where high surface area releases heat. Striking examples where high surface area releases heat.
Measures of ocean chlorophyll-a concentrations from part of Atlantic Canada in (a) January 2006, and Measures of ocean chlorophyll-a concentrations from part of Atlantic Canada in (a) January 2006, and
The High Plains Aquifer The High Plains Aquifer
When Union troops pushed toward Richmond in June of 1862, these slaves crossed the Rappahannock Rive When Union troops pushed toward Richmond in June of 1862, these slaves crossed the Rappahannock Rive
Accumulation of toxicants over time and up the food chain Accumulation of toxicants over time and up the food chain
Major bone (tan) and cartilage (light blue) elements of the human skeleton. Inset shows regions of v Major bone (tan) and cartilage (light blue) elements of the human skeleton. Inset shows regions of v
Video: Neural Reflex Arc Animation

For a complete list of videos, visit our video library