Author Question: What is the difference between the present value of 550 to be received after 3 years and after 5 ... (Read 89 times)

Jkov05 · **on:** Jun 30, 2018

What is the difference between the present value of 550 to be received after 3 years and after 5 years from now at an annual interest of 15 percent?
a. 73.49
b. 61.60
c. 250.02
d. 88.11

Question 2

Price elasticity of demand is defined as
A) the percentage change in the quantity demanded of some product resulting from a one percent change in price.
B) the percentage change in the quantity demanded of some product resulting from a change in price.
C) the change in quantity demanded resulting from a one percent change in price.
D) the change in quantity demanded resulting from a change in price.