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

Author Question: If interest rates are positive, which of the following has the highest current value (Read 33 times)

fbq8i

  • Hero Member
  • *****
  • Posts: 527
on: Apr 19, 2019

Question 1

A person who strongly wishes to avoid risk would pick which of the following choices?


◦ a 50% chance of winning $750 or a 50% chance of winning $0.
◦ a 100% chance of getting $375
◦ a 50% chance of getting $750, 25% chance of getting $1,500 and a 25% chance of losing $1,500
◦ All of these are equal to a person who wishes to avoid risk

Question 2

If interest rates are positive, which of the following has the highest current value


◦ $350 a year from now.
◦ $350 now.
◦ $350 two years from now.
◦ All of these have the same current value.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by fbq8i on Apr 19, 2019

eliasc0401

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


fbq8i

  • Member
  • Posts: 527
Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

The human birth process as an example of positive feedback. The human birth process as an example of positive feedback.
Past and current ranges of the grizzly bear. Past and current ranges of the grizzly bear.
How to calculate present value using the compound interest formula (Question 1) How to calculate present value using the compound interest formula (Question 1)
After 159 days,she paid a maturity value of $11,626, which included interest of $814. After 159 days,she paid a maturity value of $11,626, which included interest of $814.
Demographic transition model for changes in population growth rates and sizes, correlated with long- Demographic transition model for changes in population growth rates and sizes, correlated with long-
Prevalence rates of obesity in the United States, 2014 Prevalence rates of obesity in the United States, 2014
Video: Virtual Enzyme Kinetics & Lineweaver Burk Plot

For a complete list of videos, visit our video library