If you are promised $100 in 1 year, $200 in 2 years, and $300 in 3 years, then the present value of the combined amount equals $600 today.

You are to receive five gold coins from your great uncle as an incentive to study hard. the coins were originally purchased in 1982. your great uncle will deliver the coins the week after finals (assuming your grades are "acceptable"). the amount your great uncle paid for the coins is a(n): indirect cost.overhead cost.opportunity cost.sunk cost.