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Author Question: Individuals who lease a new car A) have a higher discount rate than those who buy. B) have a ... (Read 71 times)

elizabeth18

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on: Jul 1, 2018
Individuals who lease a new car
 
  A) have a higher discount rate than those who buy.
  B) have a lower discount rate than those who buy.
  C) have the same discount rate as those who buy.
  D) behave irrationally and are taken advantage of by car companies.

Question 2

If an asset has a present value of 50 and appreciates at an interest rate of 4, what is the asset's future value in 47 compounding periods?
 
  A) Approximately 400
  B) Approximately 316
  C) Approximately 137
  D) Approximately 1143
Microeconomics ¦ Perloff ¦ 8th Edition
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joewallace

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Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

B


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