Suppose that you have $100 today and expect to receive $100 one year from today. your money market
account pays an annual interest rate of 25%, and you may borrow money at that interest rate. com e
budget constraint between “spending today” on the horizontal axis and “spending a year from today on
the vertical axis. what is the slope of this budget constraint?
-0.75
-1.00
-1.25
-2.25

Tom has brought $150,000 from his pension to a new job where his employer will match 401(k) contributions dollar for dollar. each year he contributes $3,000. after seven years, how much money would tom have in his 401(k)?

Identify and describe a variety of performance rating scales that can be used in organizations including graphical scales, letter scales, and numeric scales.

Right medical introduced a new implant that carries a five-year warranty against manufacturer’s defects. based on industry experience with similar product introductions, warranty costs are expected to approximate 2% of sales. sales were $8 million and actual warranty expenditures were $42,750 for the first year of selling the product. what amount (if any) should right report as a liability at the end of the year?