Lucca is grocery shopping, and is trying to save money. He is trying to find the best deal. Hefinds that a 10lb bag of apples is cheaper than a 5 lb bag of apples. Lucca does not think hecan finish the 10lb bag of apples before they go bad. What do you think Lucca should do?Why? What is the highest credit score one could have?O 850O 700O 350O 1000

Two questions appear on the board. In the first once, a choice has to be made between two…

Answered: Lucca is grocery shopping, and is…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Austin is going on holiday with his infant daughter and has a first class air ticket. He values being in first class instead of coach at $300. A CEO has the seat adjacent to him and is considering offering to pay Austin to move to one of the empty seats in coach. a. The CEO values quiet at $600. Can Austin and the CEO reach a mutually agreeable price for Austin to move to coach? b. If instead the CEO values quiet at $200, can Austin and the CEO reach a mutually agreeable price for Austin to move to coach?
Because of a job change, Seth Armstrong has just relocated to the southeastern United States. He sold his furniture before he moved, so he's now shopping for new furnishings. At a local furniture store, he's found an assortment of couches, chairs, tables, and beds that he thinks would look great in his new two-bedroom apartment; the total cost for everything is $6,400. Because of moving costs, Seth is a bit short of cash right now, so he's decided to take out an installment loan for $6,400 to pay for the furniture. The furniture store offers to lend him the money for 48 months at an add-on interest rate of 6.5 percent. The credit union at Seth's firm also offers to lend him the money - they'll give him the loan at an interest rate of 10 percent simple, but only for a term of 24 months. Compute the monthly payments for the loan from the furniture store. Round the answer to the nearest cent. $ per month Compute the monthly payments for the loan from the credit union. Round the…
| 1. After defeating the Dark Lord, Ron's brother offers him a job at Weasleys' Wizard Wheezes. If Ron takes this job, his annual income will be 1 million galleons. Alternatively, Ron can return to Hogwarts to finish school, but then he must give up the job with his brother. Graduating will take him a year and it will cost 10,000 galleons in direct costs. He knows for sure he can become an Auror after finishing his education, at a yearly salary of 800,000 galleons. He thinks that the probability that he becomes Minister of Magic 25 years after graduating (at Year 27) is 25%, and the minister's salary is 10 million galleons per year. Regardless of his choice, he wants to retire in 30 years from now (at Year 30). Assume the interest rate is 5%. Assume all payments are at the beginning of the year and all wages are paid at the beginning of the year. a. If Ron is only concerned with the monetary rewards, will he go back to Hogwarts? If you are using equations, write down the appropriate…
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DeadPool is trying to organise his finances to see if he has enough money to buy a car as he is sick of relying on Taxis. He needs to be able to pay $400/month if he goes ahead with the car loan. He would also have the additional costs of car insurance,petrol and car maintenance. He thinks the insurance would cost about $1000/year, petrol would be about $80/fortnight and car maintenance would be about $800/year He earns $1150 net/week. Deadpool knows what his regular expenses are but he needs to be able to have money for additional expenses for things such as clothes , doctor's bills and presents. Please see picture for Questions and chart

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Lucca is grocery shopping, and is trying to save money. He is trying to find the best deal. He finds that a 10lb bag of apples is cheaper than a 5 lb bag of apples. Lucca does not think he can finish the 10lb bag of apples before they go bad. What do you think Lucca should do? Why?