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As a result of your prowess in identifying how many rolls of toilet paper a typical American family keeps on hand, you win the opportunity to choose one of the following: $1,800 today, $8,000 in 11 years, or $26,000 in 27 years. Assuming that you can earn 16 percent on your money, which should you choose?
(A) If you are offered $8,000 in 11 years and you can ear 12% on your money, what is the present value of $8,000?
(B) If you are offered $26,000 in 27 years and you can earn 12 percent on your money, what is the present value of $26,000?
(C) Which offer should you choose?
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In the United States, if the average growth rate of nominal GDP is 2.8 percent, inflation is 1.6 percent, and population growth is 0.5 percent, what is the growth of real GDP? Per capita nominal GDP? Per capita real GDP?
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Outline a financial plan for your small business. Develop a guerrilla marketing strategy for your small business
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