Author Question: The present value of 1 payable in the future decreases: a. the higher r is and the sooner it is to ... (Read 87 times)

Cooldude101 · **on:** Jul 1, 2018

The present value of 1 payable in the future decreases:
a. the higher r is and the sooner it is to be paid.
b. the lower r is and the sooner it is to be paid.
c. the higher r is and the longer time until it is paid.
d. the lower r is and the longer time until it is paid.

Question 2

Which is NOT an example of signaling high quality in a social setting
a. wearing a business suit on a job interview
b. leaving a big tip for the waiter after a dinner date
c. offering a cheap engagement ring to your bride
d. Visiting the beauty salon before a big date