You are going to buy a laptop for 1,000 USD. You can either withdraw this money from your bank account (it pays 10% interest yearly) or do it using one of the following credit schemes. Pick the scheme in which you will spend the most amount of money overall.
An optimist is trying to get a job as a CEO. Her constant optimism is well-known to everyone: she always believes that the probability of a good outcome is higher than it actually is. Which of the following firms should hire her?
A bond that matures 3 years from now has a face value of 100 and matures 3 years from now. Estimate the interest rate if the current price of this bond is 91. r approx?
