Present value (with changing interest rates). marty has been offered an injury settlement of $12 comma 000 payable in 3 years. he wants to know what the present value of the injury settlement is if his opportunity cost is 5%. (the opportunity cost is the interest rate in this problem.) what if the opportunity cost is 6.5%? what if it is 11.5%?

Steffi is reviewing various licenses and their uses. match the licenses to their respective uses.

For a multistate lottery, the following probability distribution represents the cash prizes of the lottery with their corresponding probabilities. complete parts (a) through (c) below. x (cash prize, $) p(x) grand prizegrand prize 0.000000008860.00000000886 200,000 0.000000390.00000039 10,000 0.0000016950.000001695 100 0.0001582930.000158293 7 0.0039114060.003911406 4 0.0080465690.008046569 3 0.012865710.01286571 0 0.975015928140.97501592814 (a) if the grand prize is $13 comma 000 comma 00013,000,000, find and interpret the expected cash prize. if a ticket costs $1, what is your expected profit from one ticket? the expected cash prize is $nothing.

Why entrepreneurs start businesses. a) monopolistic competition b) perfect competition c) sole proprietorship d) profit motive