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whipped whipped
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6 years ago
If an individual discounts delayed utils with a weight of 1/4, the present value of 90 utils to be received after a year is:
A) 17.25 utils.
B) 22.5 utils.
C) 90 utils.
D) 460 utils.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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losteinlostein
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#1
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6 years ago
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#2
4 years ago
Thank you!
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#3
3 years ago
Thank you
Anonymous
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#4
5 months ago
Help! The answer is missing an explanation...
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#5
Educator
5 months ago
\[90 \times \frac{1}{4} = 90 \div 4 \Rightarrow \boxed{22.5}\]
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