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

Author Question: In a state-run lottery, where winners are paid in annual installments a. the present value of the ... (Read 45 times)

crazycityslicker

  • Hero Member
  • *****
  • Posts: 537
on: Jun 30, 2018
In a state-run lottery, where winners are paid in annual installments
 a. the present value of the payments is less than the number of dollars won
  b. the future value of the winnings is less than the number of dollars won
  c. the present value of the payments is greater than the number of dollars won
  d. the winner would prefer the annual installments to a lump sum payment made immediately
  e. none of the above is correct

Question 2

If the exchange rate has been 1.50 per British pound but now falls to 1.25 per British pound, there will be
 a. more U.S. imports from Great Britain because the price of pounds has fallen
  b. more exports to Great Britain because the price of pounds has risen
  c. fewer exports to Great Britain because the price of the pound has risen
  d. more U.S. exports to Great Britain since the price of the dollar has fallen
  e. no change in either exports or imports


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

covalentbond

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


crazycityslicker

  • Member
  • Posts: 537
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

shailee

  • Member
  • Posts: 392
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Events of the postabsorptive state. Events of the postabsorptive state.
An orange-red biohazard symbol indicates that bloodborne pathogens may be present, and items should ... An orange-red biohazard symbol indicates that bloodborne pathogens may be present, and items should ...
Ion channels in myocardial cells: (a) resting state before action potential (all channel gates ... Ion channels in myocardial cells: (a) resting state before action potential (all channel gates ...
How to calculate present value (Question 4) How to calculate present value (Question 4)
Drawing of Central PompeII In Its Current State Drawing of Central PompeII In Its Current State
Sketch the graph of each function using transformations. State the domain and range. Sketch the graph of each function using transformations. State the domain and range.
Video: Digestion Animation

For a complete list of videos, visit our video library