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 143 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
YES! Correct, THANKS for helping me on my review

emsimon14

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

The Sun Today and as a Giant The Sun Today and as a Giant
Medical assistants can quickly pull up a patient record when a phone call is received. Medical assistants can quickly pull up a patient record when a phone call is received.
Answer the following short answer, please show your steps and include the formulas used Answer the following short answer, please show your steps and include the formulas used
Nitin earns $48,000 per year. Determine his gross earnings for each pay period if he is paid ... Nitin earns $48,000 per year. Determine his gross earnings for each pay period if he is paid ...
Video: What is Reverse Osmosis?

For a complete list of videos, visit our video library