Suppose you have just purchased a new type of electric car that can only travel 100 miles on a battery. charging during a trip is too slow, so whenever you need more energy, the current battery is taken out and a new one installed by licensed battery-replacement technicians. thus, even if you decide to replace your battery early, you must still pay full price new battery to be installed. moreover, because these batteries are in high demand, no one can afford to own more than one battery at a time.
suppose you are trying to get from san francisco to new york city on the new inter-continental super-highway, which runs in a direct line between these two cities. there are several fueling stations along the way; each station charges a different price for installing a new battery. before you start your trip, you carefully print the wikipedia page listing the locations and prices of every fueling station on the icsh. given this information, how do you decide the best places to stop for new batteries?

In a team environment, a coordinator is? a person with expert knowledge or skills in a particular area the team needs. a good listener who works to resolve social problems among teammates. a leader who team members focus on their tasks. a good networker who likes to explore new ideas and possiblities.

Suppose you win a small lottery and have the choice of two ways to be paid: you can accept the money in a lump sum or in a series of payments over time. if you pick the lump sum, you get $2,950 today. if you pick payments over time, you get three payments: $1,000 today, $1,000 1 year from today, and $1,000 2 years from today. 1) at an interest rate of 6% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 2) at an interest rate of 9% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 3) years after you win the lottery, a friend in another country calls to ask your advice. by wild coincidence, she has just won another lottery with the same payout schemes. she must make a quick decision about whether to collect her money under the lump sum or the payments over time. what is the best advice to give your friend? a) the lump sum is always better. b) the payments over time are always better. c) it will depend on the interest rate; advise her to get a calculator. d) none of these answers is good advice.

Your uncle borrows $53,000 from the bank at 11 percent interest over the nine-year life of the loan. use appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. what equal annual payments must be made to discharge the loan, plus pay the bank its required rate of interest