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IRINA_888 [86]
3 years ago
15

Om is a college student at FSU. He has the option to buy a parking pass at the beginning of the year for $250. If Tom doesn't bu

y the pass, he has to park on the street or pay the valet parking service $5 per day. If Tom does not buy the parking pass, he expects to have to use the valet parking services 40 times. However, he may end up using the valet service up to 80 times. Tom decides that he would rather pay the $250 than risk not being able to find a spot on the street. Tom could be described as which of the following:
risk averse
risk neutral
risk seeking
risk conscious
Business
1 answer:
Marat540 [252]3 years ago
8 0

Answer:

risk seeking

Explanation:

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Ted purchased an annuity today that will pay $1,000 a month for five years. He received his first monthly payment today. Allison
victus00 [196]

Answer:

The correct option is E,Ted's annuity has a higher present value than Allison's

Explanation:

Both annuities do not have equal amount today as $1000 received today is higher in value terms than $1000 receivable in a month's time since cash receivable earlier is much more valued than the one receivable later.

Ted's annuity is an  annuity due not an ordinary annuity

Allison's annuity is an ordinary annuity not annuity due

Allison's annuity has a lower present value than Ted's and not the other way round.

The only correct statement is option E,since Ted is expected to receive $1000 today, his annuity has a higher present value compared to Allison's

7 0
3 years ago
All of the following are potential consequence of not paying debts on time EXCEPT
Dahasolnce [82]
I believe that the answer is B  
8 0
3 years ago
Read 2 more answers
Who do i write the check to for speeding ticket?
uysha [10]
The court which you were sentenced to go to. thats where i wrote mine to
4 0
3 years ago
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he following information relates to a company’s aggregate production planning activities: Quarter Demand Forecast 1 37,500 2 45,
Evgen [1.6K]

Answer:

20,000 units

Explanation:

Number of units in inventory at the end of quarter 3

= 3(42,500)

=127,500

Hence:

127,500- 37,500-45,000-25,000

= 20,000 units

Therefore if production strategy is used the number of units in inventory at the end of quarter 3 is 20,000 units

5 0
3 years ago
If the money supply is growing at a rate of 1010 percent per​ year, real GDP​ (real output) is growing at a rate of 11 percent p
Nat2105 [25]

Answer:

The correct answer is 999%

Explanation:

We will use the Quantity Theory of Money to solve this simple question.

The Quantity Theory of Money equation is equal to:

ΔM X V = ΔP X ΔY

Where:

  • ΔM = Change in Money supply
  • V = Velocity, which does not change, because it is assumed to be constant
  • ΔP = Change in prices, or inflation
  • ΔY = Change in output or GDP

According to this theory, inflation is equal to:

ΔP = ΔM + V - ΔY

Replacing...

ΔP = 1010% + 0 - 11%

ΔP = 999%

So the price change, or inflation rate is 999%.

8 0
3 years ago
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