### Why are consumers considered to be risk averse

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Why are consumers considered to be risk averse? What methods could used to deal with risk? It has been said that a dollar received today is worth more than a dollar received tomorrow. What does this mean and what is the significance to the economy? What is the difference between the present value of a future sum of money and the future value of a present sum of money? What is the significance of these concepts to economics? If you deposited \$1,000 in an account paying 6% interest compounded annually, how long would it take to double?

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a bank gives you a loan of 1000 now. You have to make a payment of 500 after 9 months and a payment of 600 after 12 months. What is effective annual interest rate?(set up eq

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Find a formula for a function that has vertical asymptotes x = 7 and x = 9 and horizontal asymptote y = 7. Find the limit, if it exists. (If an answer does not exist, enter DN

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A consulting engineer's time is billed at \$30 per hour, and her assistant's is billed at \$20 per hour. A customer received a bill for \$715 for a certain job. If the assistan

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