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

Author Question: If the interest rate is 8 percent, the present value of 10,000 to be received 10 years from today is ... (Read 130 times)

Zoey63294

  • Hero Member
  • *****
  • Posts: 539
on: Jun 29, 2018
If the interest rate is 8 percent, the present value of 10,000 to be received 10 years from today is about
 
  A) 21,589.
  B) 9,259.
  C) 4,632.
  D) 10,800.

Question 2

If Ivan says he is indifferent between the consumption of a new pair of jeans or a set of earrings, he means that he does not want either product. Is the previous analysis CORRECT? Explain your answer.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chreslie

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

The analysis is incorrect. The term indifferent means that Ivan does not care if he gets another pair of jeans or another set of earrings.


Zoey63294

  • Member
  • Posts: 539
Reply 2 on: Jun 29, 2018
Excellent

nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

The role of leptin in regulating appetite and metabolic rate. The role of leptin in regulating appetite and metabolic rate.
Abundant cave art after about 30,000 years ago is evidence of the importance of symbolic behavior fo Abundant cave art after about 30,000 years ago is evidence of the importance of symbolic behavior fo
World Population Growth, Past 10,000 years World Population Growth, Past 10,000 years
Top Ten States Ranked by Rate or Reported Bacterial STI Cases in 2011 Top Ten States Ranked by Rate or Reported Bacterial STI Cases in 2011
Twenty percent of the automobiles inspected at a state inspection station required repairs to ... Twenty percent of the automobiles inspected at a state inspection station required repairs to ...
Rate order question Rate order question
Video: Conjunctivitis

For a complete list of videos, visit our video library