User Account

All Pages

What is the present worth of his degree

Assignment Help Microeconomics
Reference no: EM132157900

Question: Perry is a freshman. He estimates that the cost of tuition, books, room and board, transportation, and other incidentals will be $13,000this year. He expects these costs to rise about $1500 each year while he is in college. Ifitwilltake him 5 yearsto earn hisBS,whatis the present cost of his degree at an interest rate of 6%? Ifhe earns an extra $10,000 annually for40 years, what is the present worth of his degree?

Reference no: EM132157900

Questions Cloud

What managerial decision does the critical ratio answer : Which one of the following is NOT a typical reason for failures in mergers and acquisitions? What managerial decision does the critical ratio answer?
How big can francisco withdrawals be : Francisco believes in planning ahead. So he decides to find out how much he can draw from a retirement account each year for 30 years if he invests exactly.
Discuss how the theoretical frameworks within public health : Discuss how the theoretical frameworks within public health will be applied to the needs analysis you have prepared.
Discuss advantages of using work sampling to understand : Discuss the advantages of using work sampling to understand how employees allocate their time among work activities
What is the present worth of his degree : Perry is a freshman. He estimates that the cost of tuition, books, room and board, transportation, and other incidentals will be $13,000this year.
Discuss most interesting thing you learned about marketing : Discuss the most interesting thing you learned about marketing.
What is the churn rate for ownner ollies : What is the churn rate for Ownner Ollies? What are the advantages and disadvantages of going after Marketer Marys?
How much money would be in the account 8 years : Assume that you deposit $410 into an account that pays 7 percent per annum. How much money would be in the account 8 years from today?
Find the present value when the annual decrease is given : A set of cash flows begins at $20,000 the first year, with a decrease each year until n = 10 years. If the interest rate is 8%, what is the present value.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd