/sci/ - Science & Math

>>10875950
cant be 110, thats not 120-(0.10*120) lol...however if you did modulus or they taught you to use it to calculate it then I would say it is that, they're obviously trying to trick you. I would say there is not enough information as you dont know what the discount rate applies too.

>>10875950
you are recieving $120 so is the doscount for tax? what is it for? Capital gains? not enough to really know what the 10% applies too.

I dont even understand the question

>>10875950
a) 121 retard

0.10 * 110

In other words we can add it onto payment being recieved meaning whatever was not being recieved is the negation of subtraction.

>>10875964
Yeah, the difficulty comes from the shitty loosely-defined terms in the question, as always in stupid american tests

>>10875959
>>10875962
brainlets. The course is talking about the "time value of money" which is a roundabout way of applying the concept of opportunity cost to money. A discount rate of 10% means that you could be investing your money into something with an average of 10% return in one year (interest rates, stocks, a business opportunity, etc.) If you choose to forgo $100 now for $110 in one year, you have to consider your options for investment because you might be losing out on better investment opportunities now.

>>10875950
-0 + 110$/(1+10%) = 100$

So your answer is right OP. I'd call that Finance more than Economics tho.

>>10875969

>>10875959
>>10875962
>>10875964
>>10875969

I made this post to laugh at how retardedly easy this course is. I never considered the potential that half of /sci/ is retarded.

>>10875977
Money received today is worth more than money recieved later, brainlets.

>>10875977
It's called Environmental Economics so it's a bunch of dumb ass level """math""" mixed with onions lattes, hold-the-latte.

>>10876010
That's literally what the question is saying you sped. It's equating $100 today to $110 in 1 year.

>>10876010
Only if you can actually make that present money worth than the future option. It's an opportunity cost application, except with a bunch of unnecessary and obfuscating jargon.

>>10875959
>>10875962
>>10875964
>>10875969
>>10876010
... aaaand this is why you don't trust scientists with your money. Pathetic.

>>10876010
>Money received today is worth more than money recieved later, brainlets.

>>10876010
>Money received today is worth more than money recieved later, brainlets.
so this is the power of /sci/