Author Question: Refer to Scenario 13.9. If this game is repeated over an infinite or uncertain horizon, the most ... (Read 24 times)

cagreen833

  • Hero Member
  • *****
  • Posts: 544
Refer to Scenario 13.9. If this game is repeated over an infinite or uncertain horizon, the most likely observed behavior will be that
 
  A) both firms pollute.
  B) only Lago pollutes.
  C) only Nessie pollutes.
  D) neither firm pollutes.
  E) the firms alternate polluting in different periods.

Question 2

Your 65-year-old father is going to retire next year. He would like to have an income of 20,000 per year for the remainder of his life.
 
  If he is expected to live for ten more years, write an algebraic expression to indicate the amount of money he needs today to pay him this sum of money if the interest rate is 10 percent.



okolip

  • Sr. Member
  • ****
  • Posts: 362
Answer to Question 1

D

Answer to Question 2

PDV = (20,000/1.1 ) + (20,000/1.12 ) + ... + (20, 000/1. 110 )



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

For a complete list of videos, visit our video library