We Pay Insurance Co. will pay you $1,550 each quarter for 25 years. You want to earn a minimum interest rate of 1.03 percent per quarter. What is the most you are willing to pay today for these payments?

The advantage of administering personality tests on employees is that it will allow the employer to know the mindset and personality of the employee. this will allow the employer to at least have an idea as to how the employee works and how his attitude in the workplace. the disadvantage is that it may make the employee a little anxious as to whether he would meet the personality requirements of the employer and whether he would be able to retain the job or not. 

The variety of games would increase due to competition, and the winnings per dollar spent would decrease.