When derek was a small child his grandfather established a trust fund for him to receive $20,000 on his thirty-fifth birthday. derek just turned 23. what is the value of his trust fund today if the trust fund earns 3% interest? if he had to wait until age 40 to receive the money, what is the present value today of the $20,000 to be received in 17 years?

Which statement or statements are implied by equilibrium conditions of the loanable funds market? a firm borrowing in the loanable funds market invests those funds with a higher expected return than any firm that is not borrowing. investment projects which use borrowed funds are guaranteed to be profitable even after paying interest expenses. the quantity of savings is maximized, thus the quantity of investment is maximized. a loan is made at the minimum interest rate of all current borrowing.

Considered to be a "super tool" or tool that has high use and high potential for improving project success?

When the price of pencils increases from $1.50 to $2.50, there is an increase in quantity demanded of pens from 100 to 150. the cross-price elasticity of demand between pencils and pens is: ?