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 87 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
Gracias!

tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

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
Each year, the leaders of the world’s eight most powerful nations meet in a secluded place to make ... Each year, the leaders of the world’s eight most powerful nations meet in a secluded place to make ...
Age-standardized disability-adjusted life year (DALY) rates from hepatitis B by country (per 100 000 ... Age-standardized disability-adjusted life year (DALY) rates from hepatitis B by country (per 100 000 ...
Preoperative photograph of a 43-year-old Caucasian male with necrotizing fasciitis on the day of ... Preoperative photograph of a 43-year-old Caucasian male with necrotizing fasciitis on the day of ...
Chelsea Donahue has a​ 20-year home mortgage of ​78,000 at​ 7.50% interest and will pay ... Chelsea Donahue has a​ 20-year home mortgage of ​78,000 at​ 7.50% interest and will pay ...
You deposit $2000 each year into an account earning 4% interest compounded annually. How much ... You deposit $2000 each year into an account earning 4% interest compounded annually. How much ...
Video: Lower Limb Arteries Animation

For a complete list of videos, visit our video library