Wednesday

November 26, 2014

November 26, 2014

Posted by **Dina** on Sunday, April 11, 2010 at 2:58pm.

1. If the friend offers to pay you $1 five years from today, the net present value will:

A)be higher than $1.

B)depend upon the interest rate offered.

C)be equal to zero since you don't have the dollar.

D)not be important in understanding the time value of money.

2.William installs custom sound systems in cars. If he installs seven systems per day, his total costs are $300. If he installs eight systems per day, his total costs are $400. William will install only eight sound systems per day if the eighth customer is willing to pay at least:

A) $300.

B) $400.

C) $100.

D) $50.

- Economics -
**SraJMcGin**, Sunday, April 11, 2010 at 3:15pmAnd your selections are?

Sra

- Economics -
**Dina**, Sunday, April 11, 2010 at 4:28pm1. B)

2.I don't know.Can you explain to me?

**Answer this Question**

**Related Questions**

Finance - Investment X offers to pay you $5,500 per year for nine years, whereas...

Finance - Investment X offers to pay you $6,000 per year for nine years, whereas...

FIN200- FV, PV and Annuity Due CP - I just want to know if anyone can help me in...

Accounting. Present Value. - Suppose you want to have $5,000 saved at the end ...

math - find the present value of ordinary annuity payments of 890 each year for ...

Accounting - (Present Value) What is the present value of an annuity that pays $...

economics - Determine the highest purchase price that a company could afford to ...

Finance - Find the future value of $10,000 invested now after five years if the ...

accounting - How do I set this problem up to do it? I do not want the answer ...

Finance - The Carter Company's bond mature in 10 years have a par value of 1,000...