Li wants to decrease the amount of pop that they drink, and…
Li wants to decrease the amount of pop that they drink, and they arrange a contingency for meeting their goal. If they drink more than two cans of pop during the day, they cannot watch television in the evening. What type of contingency has Li arranged?
Read DetailsJane agrees to pay an amount of X at the end of 4 years and…
Jane agrees to pay an amount of X at the end of 4 years and an amount of 2X at the end of 8 years. In return, she will receive $5000 at the end of 5 years and $8000 at the end of 10 years. At an effective annual interest rate of 4%, find the size of Jane’s first deposit X.
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