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1 Which is better, a) invest 2000 dollars and get back $100 in one year or b) to invest $200 and get back $50 in
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Which is better, a) invest 2000 dollars and get back $100 in one year or b) to invest $200 and get back $50 in 1 year?
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1/22/2021
Which is better, a) invest 2000 dollars and get back $100 in one year or b) to invest $200 and get back $50 in 1 year?
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1
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1/22/2021
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•I can give you $1 NOW or $1 a month from now, which should you choose? Explain your answer
•I can give you $1 NOW or $1 a month from now, which should you choose? Explain your answer
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• Two different companies want you to lend them money. One company is a very safe business and very high chance for success, the other company is a very new idea and the future is very uncertain, no way to know if it will succeed.
•Will there be a difference in the interest rate that you charge each of them for lending them your money? Please explain your answer.
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2
5
1/22/2021
• Two different companies want you to lend them money. One company is a very safe business and very high chance for success, the other company is a very new idea and the future is very uncertain, no way to know if it will succeed.
•Will there be a difference in the interest rate that you charge each of them for lending them your money? Please explain your answer.
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2
5
1/22/2021
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1.The chance of winning the lottery for the big prize is less than 1 in 14 million. So the risk is very very very very high that you will LOSE, but many people still play the lottery.
i. Is this Behavior logical?
ii. Why do you think people still play when there is such aloe and an almost impossible chance to win? Explain your answer.
1.The chance of winning the lottery for the big prize is less than 1 in 14 million. So the risk is very very very very high that you will LOSE, but many people still play the lottery.
i. Is this Behavior logical?
ii. Why do you think people still play when there is such aloe and an almost impossible chance to win? Explain your answer.
5
• There's a very famous saying, that time is money. Do you agree with this? Why or why not?
• Which one do you think is more valuable and explain your answer.
• There's a very famous saying, that time is money. Do you agree with this? Why or why not?
• Which one do you think is more valuable and explain your answer.
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