Tuesday

July 29, 2014

July 29, 2014

Posted by **Susan** on Friday, December 4, 2009 at 4:19am.

(A) In 53 years’ time.

(B) In 20 years’ time.

(C) In 4 years’ time.

(D) In 2 years’ time.

(E) Right now.

- Economics/Math -
**economyst**, Friday, December 4, 2009 at 2:28pmIf you sold right now and put the money in the bank, after one year you would have 500*(1.05) = 525. After two years you would have 525*(1.05) = 551.25. So, assuming you get no enjoyment from looking at the painting, go with E)

**Related Questions**

managerial economics - Inter-temporal Price Discrimination. Suppose that ...

Maths A Year 12 - Four years ago, an art collector bought a painting for $32 500...

Stuck on 3d - Math - Suppose you’re thinking about buying a used car, but you’ve...

economics - Suppose you were offered $2,000 to be delivered in 1 year. Further ...

Managerial Economics/Math - This is an MBA-level Managerial Economics course. I ...

art - hello me again! i am now looking at the wounderful painting of "little ...

Investments/Portfolio Mgt - How would the following be solved... Consider a ...

Economics - Demand is given by Q=9-P. If price is $4, what is the consumer ...

math - helping lil bro with homework and he forgot to bring his books home and I...

Economics - If I have a business in producing books and the demand decrease at ...