The stack has just written and recorded the single greatest rock song ever made. the boys in the band believe that the royalties from this song will pay the band a handsome $200,000 every year forever. the record studio is also convinced that the song will be a smash hit and the royalty estimate is accurate. the record studio wants to pay the band up front and not make any more payments for the song. what should the record studio offer the band if it uses a 5% discount rate, a 7.5% discount rate, or a 10% discount rate?
the band from the previous problem agrees to the one-time payment at a 5% discount rate, but it wants to figure the royalty payments from the beginning of the year, not the end of the year. how much more will the band receive? ?
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Health insurance protects you if you experience any of the following except: a: if you have to be hospitalized b: if you damage someone's property c: if you need to visit a clinic d: if you can't work because of illness
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Atennis club charges a monthly membership fee of $150 and charges it members $10 per hour to use a court. there's also $500 fee to become a member. stella joined the tennis club last spring, and she has been a member for 5 months. she has been playing 10 hours of tennis each month. stella values an hour of her time at $20. during a boring afternoon meeting, stella thinks about reserving a court to work on her serve for an hour tonight. what's stella's opportunity cost of working on her serve for an hour?
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The stack has just written and recorded the single greatest rock song ever made. the boys in the ban...
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