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Suppose there is no inflation and an insurance company offers a contract that would pay $500,000 with certainty 50 years from now. What is the most that this contract would be worth today if:
1. The rate of interest is 7%.
2. The rate of interest is 3%.
Should mothers of young children be required to work in turn for government assistance? Does the age of the child make a different? What about the number of children? What are issues involved?
A corporation's marginal tax rate is 34 %. An outlay of $35,000 is being considered for a new asset. Estimated annual receipts are $20,000 and annual disbursements are $9,000. The useful life of the asset is 5 years, and it has no salvage value. Assu..
You are organizing a rock concert to benefit Amnesty International. The concert is to be held in a football stadium that has a seating capacity of 56,000. There are two types of seating: reserved and general.
Some argue that the price elasticity of demand can be used to determine whether a good or service is a luxury or a necessity.
You are interviewing three candidates for one sales job position. On the basis of your experience and insight, you believe Jane can sell 600 units a day, Joe can sell 450 units a day, and Joan can sell 400 units a day. The daily salary each person is..
If sales fall by 20 percent from 1,000,000 papers per month to 800,000 papers per month, what happens to the Average Fixed Costs per paper?
The manager of Big Oil Company in Mandeville tells investors that at the end of 2006 they had gasoline in inventory worth $378. In 2007, Big Oil produced gasoline worth $294 and sold gasoline worth $384. What was Big Oil's inventory in 2007?
Identify what you consider to be the five most important factors/keys to a successful economy (meaning social/economic stability) over the next ten years (such as growth, wealth creation, strong middle class, education quality, health care, politi..
How could retirement savings help supplement what you will receive from social security?
Why is international trade a win-win game? How does the gains exceed the losses? Cite sources.
What is your reaction to the world of Lucy and Ricky as presented in "I Love Lucy" ? Lucy is a natural character for this era of television, but Ricky was considered somewhat risky because of his birth and background. What is your opinion of his port..
Do you think that international migrants self-select in a way that results in migrants having, on average, different personal characteristics than people who do not migrate? Why and what consequences would such differences or similarities have on the..
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