You walk into Chipotle for dinner after Finance Management class, wondering how interest rates got to be 15%, and you find that you are the one millionth customer! A Chipotle employee runs up to you and tells you your prize choices. Which should you choose?
a. $100,000 now
b. $170,000 at the end of five years
c. $12,000 a year forever, starting next year
d. $20,000 per year for the next 10 years, starting next year
e. $6,500 next year and increasing 5% a year thereafter and forever
Answers: 1
Business, 21.06.2019 20:50
Your goal is to have $2,000,000. you have a total of $40,000 today. you invest the $40,000 and want to add to it each month. at 10% annual interest, how much do you need to invest each month in order to bring the total up to $2,000,000 30 years from now?
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Business, 22.06.2019 06:00
Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr
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Business, 22.06.2019 21:00
An important source of public scrutiny is "watchdogs." these are: the efforts of a firm's competitors, including how often the competitors attack the firm's strategies. taxpayer-supported government agencies that limit a firm's ability to compete in foreign markets. companies designated by the government to only produce products that support the government defense program. socially conscious groups that make it their mission to measure the social responsibility levels of businesses, and provide consumers with their opinions about the level of corporate responsibility of various companies.
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Business, 22.06.2019 23:30
Sole proprietorships produce more goods and services than does any other form of business organization.
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You walk into Chipotle for dinner after Finance Management class, wondering how interest rates got t...
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