These are equivalent at what annual interest rate

Assignment Help Business Economics
Reference no: EM13889050

Winners of the Lucky Dog Lottery can take $30 Million now or payments of $ 2.5 million per year for the next 15 years. These are equivalent at what annual interest rate? =

Reference no: EM13889050

Questions Cloud

Used for economic decision-making problems : What method of inventory valuation should be used for economic decision-making problems?
Write about objective function and constraint relationships : Suppose a dairy farmer in Murfreesboro is concerned with developing a minimum cost per day feed-mix from two sources, alfalfa (X) and corn (Y), which meets (or exceeds) certain nutritional requirements. Write about the objective function and constrai..
Calculate the consumers elasticity of demand : U(x,y)=3x+y, where x and y represent the quantities of two goods, X and Y. The ocnsumer has I=60 , to spend on the two goods, and good Y costs Py=2 per unit. The price of good x, Px is also exogenous. Calculate the consumer's elasticity of demand for..
These are equivalent at what annual interest rate : Winners of the Lucky Dog Lottery can take $30 Million now or payments of $ 2.5 million per year for the next 15 years. These are equivalent at what annual interest rate? =
The short run for a company : The short run for a company is
Bank pays interest compounded annually : Mike deposited $500 in the bank at the end of each year for five years. The bank pays 5% interest, compounded annually. How much would mike have in his account following the 5th deposit?
Is there a shortage or a surplus of cheese : The government has decided that the free-market price of cheese is too low. Suppose the government imposes a binding price floor in the cheese market. Draw a supply-and-demand diagram to show the effects of this policy on the price of cheese and the ..
Government undertake any proactive fiscal or monetary policy : Suppose the economy is initially in long-run equilibrium and the U.S. stock market has a prolonged decrease in shareholder value. Use the AD–AS model to predict short-run changes to real GDP and the aggregate price level. Should the government undert..

Reviews

Write a Review

Business Economics Questions & Answers

  An accident occurred and an individual lose a leg

An accident occurred and an individual lose a leg. Show diagrammatically the utility functions before and after the accident. Show that if you were the Utilitarian, you would give more income to the individual after the accident, but that even after ..

  Explain an account and how it helps in recording process

Accounting equation determine effect if any on assets, liabilities and stockholder's equity. Explain what an account is and how it helps in recording process.

  His strategies are strictly dominated

An item is up for auction. Player 1 values the item at 3 while player 2 values the item at 5. Each player can bid either 0,1, or 2. If player i bids more than player j then i wins the good and pays his bid, while the loser does not pay. Now consider ..

  Should wardco be required to treat the water in this case

If it cost Wardco $10million to treat the water and the value of mined products to customers is $8million, requiring water treatment would kill the project. Should Wardco be required to treat the water in this case?

  What are the advantages of e-commerce

What are the advantages of E-Commerce? Name all the specific cyber issues that have necessitated new laws? Explain what the term “spontaneous order” means? Name all of the factors that, according to Lawrence Lessig, govern both real space and cybersp..

  Suggested that we think about readiness for leadership

Sanford (1952) in his discussion of the follower in the leadership process suggested that we think about the follower’s “readiness for leadership.” Explain what Sanford meant by this concept

  Stock returns and your retirement account

Compute the balance in your retirement account when you will be 25, 30, 40, 50, and 65 years old assuming the average annual rate of return is 6%. Assume there are no deposits or withdrawals in this account, so the original balance just accumulates. ..

  Wheat producers lobby the government for a price

Assumes that wheat producers lobby the government for a price floor also receive one.

  Calculate the loss of economic welfare

Calculate the loss of economic welfare caused by the monopolistic . If some of this lost welfare would have been producer surplus, why is the monopolist willing to forgot this surplus?

  If there are no fixed costs of production

If there are no fixed costs of production, the q that solves the firm’s first-order condition is

  Different between anticipate and un anticipate inflation

What is the different between anticipate and un anticipate inflation? Describe when the government surplus a deficicit. Also draw loan able graphs to explain your answer.

  Offer one good or service that you think

Offer one good or service that you think would be considered highly price elastic ,one that you think is highly inelastic and Elucidate why.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd