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

Author Question: Is 1,000 received today worth as much as 1,000 received one year from now? Explain your answer. ... (Read 142 times)

aabwk4

  • Hero Member
  • *****
  • Posts: 593
on: Jun 29, 2018
Is 1,000 received today worth as much as 1,000 received one year from now? Explain your answer.
 
  What will be an ideal response?

Question 2

Refer to Figure 5-7. The marginal benefit of reducing pollution curve is the same curve as
 
  A) the supply of pollution reduction curve. B) the demand for pollution reduction curve.
  C) the external benefit curve. D) the positive externality curve.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yuyiding

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 29, 2018
Answer to Question 1

No, the timing of the payment is important in deciding its value today. If you receive 1,000 today you you could earn interest on the 1,000 for one year. For example, if the interest rate is 5 then 1,000 received today would be worth 1,000 x 1.05 = 1,050 in one year.

Answer to Question 2

B


aabwk4

  • Member
  • Posts: 593
Reply 2 on: Jun 29, 2018
:D TYSM

Perkypinki

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

The human body produces and destroys 15 million blood cells every second.

This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
Effects of Therapy for Stuttering A functional MRI scan shows regions of the superior temporal lobe Effects of Therapy for Stuttering A functional MRI scan shows regions of the superior temporal lobe
heres the answer heres the answer
These photos show a rat burying a test object from which it has just received a single mild shock. These photos show a rat burying a test object from which it has just received a single mild shock.
Icant keep calm, today is my due date Icant keep calm, today is my due date
Answer to Vector Question Pt. 2 Answer to Vector Question Pt. 2
Video: Uterine (menstrual) cycle - phases

For a complete list of videos, visit our video library